All Forum Posts by: Adam Worth

Investment Info:

Small multi-family (2-4 units) buy & hold investment in Omaha.

Purchase price: $155,000

Cash invested: $5,000

Bought a duplex using an FHA loan.

What made you interested in investing in this type of deal?

Always wanted a duplex

How did you find this deal and how did you negotiate it?

It was an off the market deal.

How did you finance this deal?

FHA loan

How did you add value to the deal?

Fixed it up

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

We did use a realtor

How are you guys collecting rent now a day? What's the best online service?

Thank you I will check that out.

This may sound like a silly question on BP but I'm having to start fresh with a new tenant. My long term tenant on my duplex (who came with the property) I had to evict. (I live on the other side) How do you vet people and find good tenants/renters? How do you find them? What websites do you all use to vet people and there background etc?

The market here in Omaha is great for buy and hold. I have not done a flip yet but if it's priced right for the neiborhood it will sell. 

Thank you Owen.

Thank you William. 

Ok sorry. I'll check my local Area

What I've done is replace each bulb as it goes out with an LED bulb. They are more expensive but trust me you will never have to replace them again for a long long time. Not to mention they use hardly any energy to run and don't produce heat. It's just a win win.

I'm looking to buy a property and need a Realtor who understands investors needs and wants. MODERATOR: RECOMMENDATIONS ONLY, PLEASE, IN THIS FORUM. PLEASE DO NOT POST OFFERS FOR YOUR SERVICES OR THE SERVICES OF BUSINESS ASSOCIATES HERE.