All Forum Posts by: Sam Hendricksen

Quote from @Mason Hickman:

@Sam Hendricksen

If you as the owner are annoyed, most future tenants will be more annoyed because they’re paying and want quiet enjoyment.

It’s tough learning to lay tenant boundaries when you live with them so I really appreciate hearing the feedback from you all! Learned two things on this one: select tenants differently based on how close rooms are and if there is a shared wall. Second if they say they barely sleep you’re in for trouble.

Maybe I’m just venting but I have 3 bed 2 bath. The two smaller rooms share a wall I live in one and I rent the other to a part time DJ. When I interviewed him he said it was all through his headphones, which is ‘mostly” true. But I’ve had to ask him to quiet down about once a week at 11pm for two months.

It’s gotten to the point tonight he says the window is open and he’s just using headphones but I hear it reverberating into my room… the walls are rather thin but it still annoys the heck out of me.

Is this just to be expected in a room rental? Does this kind of thing bother just me, will it bother my next tenant when I move in 2 months?

I wish I had seen this sooner!

Thank you both for the advice!

@Alan Robert Litz Yep I’m planning to live in the property, I’ve already been pre approved and talked with 2 lenders. I’d rather not do a single family again until my third house - I’m getting married in January and would like to be able to rent it without house hacking :).
@Jeff Schemmel  That’s a really good point. There’s a smaller hospital nearby and a large one the city up but I don’t think the nearby ones cover the point you’re making. It doesn’t have good parking either so it would be difficult to make it a short term rental.

I think I’ll pass on it unless something changes.

Good morning fellow BPers,

I'm looking at buying my second property, this time a multifamily with my VA loan. Most of the multifamily in my area is in Norfolk and Portsmouth VA.

There’s a new casino opening in portsmouth, Rivers Casino. And im looking at a quadraplex a 5 min drive from the casino. It’s on a quieter street, low income area. I’ve heard that this neighborhood doesn’t really have any problems from a social worker but outside areas aren’t good. 

3/4 units are currently rented at $900 each, renters pay utilities. I’m wondering if the new casino will raise the values in a few years and if a low income but not crime heavy area would be worth it?

https://www.riverscasinoportsm...

Hi everyone,

Does anyone have experience buying side by side duplexes? I’m looking at 2 properties that are being sold “as packaged”.

They are also sold as-is so will likely need rehab so I’m looking at loan options (maybe fha rehab). Can properties like this be put under one loan or since it’s two properties will it need two loans?