Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Payton Gonzales

Payton Gonzales has started 12 posts and replied 30 times.

Post: Separating Meters on a 4-plex

Payton GonzalesPosted
  • Rental Property Investor
  • Greater Seattle Area
  • Posts 36
  • Votes 3

Thanks @Tobias Falzone!  Appreciate the feedback.  

Curious in the same question as Craig.. is that a RUBS system by chance?

Post: Separating Meters on a 4-plex

Payton GonzalesPosted
  • Rental Property Investor
  • Greater Seattle Area
  • Posts 36
  • Votes 3

Currently looking at a 4-plex that has the water paid by the owner.  Was thinking of separating the meters for future / new tenants.  

Does anyone have experience for what separating the meters would typically run?  For reference, looking in the Cincinnati area.

Post: Foundation repair in Cincinnati

Payton GonzalesPosted
  • Rental Property Investor
  • Greater Seattle Area
  • Posts 36
  • Votes 3

Thanks Paul.  Do you have any personal experience with Foundation Specialists?

Post: Foundation repair in Cincinnati

Payton GonzalesPosted
  • Rental Property Investor
  • Greater Seattle Area
  • Posts 36
  • Votes 3

Anyone have a foundation specialist that they would recommend in Cincinnati?

Post: Flooring for Live-in Flip

Payton GonzalesPosted
  • Rental Property Investor
  • Greater Seattle Area
  • Posts 36
  • Votes 3

Thanks guys!  Appreciate the input.

Post: Flooring for Live-in Flip

Payton GonzalesPosted
  • Rental Property Investor
  • Greater Seattle Area
  • Posts 36
  • Votes 3

Thanks @Matt K.!  Most places have hardwood (or something similar in appearance) in this neighborhood. 

I too was initially thinking about just leaving it, but re-considered doing it upfront to bring up the rents and add equity for a refinance in the near future.  

Post: Flooring for Live-in Flip

Payton GonzalesPosted
  • Rental Property Investor
  • Greater Seattle Area
  • Posts 36
  • Votes 3

I'm in the process of wrapping up the purchase of a home.  It has a 3 bd, 1 ba on the main floor and a 1bd, 1ba in-law suite up top that I plan on living in.  

At the price point and what it brings in for rent, I think it may make more sense as a live-in flip than a rental, so want to leave my options open after the next two years to likely sell it.

The neighborhood its in is one of the more historic, high end in its market.  With that said, thoughts on the type of flooring I should be using to replace the carpets?  My initial thought is vinyl for a rental, but if I'm flipping it in a couple years, would it pay to go the hardwood route?

Thanks in advance for any feedback!

Post: Implications of a property on top of another property...

Payton GonzalesPosted
  • Rental Property Investor
  • Greater Seattle Area
  • Posts 36
  • Votes 3

Hello!  I'm interested in making an offer on an apartment on top of another building in San Francisco, CA.  The building is a two unit building, with the property I'm interested in being apartment, residing on top of a commercial building (which houses a daycare).  

My question is what would the implications of buying a property on top of another that I don't be?  Is this a terrible idea? 

A few of my concerns being:

1) You don't have control of how the building on the ground level is being taken care of...

2) I'm interested in making the roof of the apartment a deck... if it's structurally sound, would you be allowed to do this if you own the top unit?

3) Apartments are rent controlled in San Francisco.  Because this building is mixed use, the apartment is not rent controlled.  Would this change the status if I were to own only one unit (i.e. it would become rent controlled)?

There are a lot of questions here, that I'm sure would be followed up with questions to attempt answering this, just starting here as I'm not sure where else to go :)

Thanks in advance for any response! 

Post: Credit Unions for out-of-state investors

Payton GonzalesPosted
  • Rental Property Investor
  • Greater Seattle Area
  • Posts 36
  • Votes 3

@Joseph Scorese @Account Closed - Thanks guys for the specific suggestions!  Appreciate it.  Will definitely look the options you've given me.

Post: Credit Unions for out-of-state investors

Payton GonzalesPosted
  • Rental Property Investor
  • Greater Seattle Area
  • Posts 36
  • Votes 3

Thank you, @Ralph R. , for the feedback!  And to Fatimah's point, I would also love the elaboration :)