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All Forum Posts by: Simon Obas

Simon Obas has started 101 posts and replied 196 times.

Post: How can I leverage my triplex to buy another?

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

@Michinori Kaneko I’m house hacking now. Talk to me about owner financing?

Post: How can I leverage my triplex to buy another?

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

Greetings. I just closed on my first triplex last week and i would like to purchase another home ASAP! How can I leverage my triplex so that I don’t have to come out my pocket 20% for a down payment?

Post: What questions should I ask during my closing?

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

@Derek Diamond it went well. Thank you for responding.

Post: Haven’t met my new tenants

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

@Matt Pastier very helpful. Thank you

Post: Haven’t met my new tenants

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

@Eric C. Thank u

Post: Haven’t met my new tenants

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

@Jim K. Yes I have the leases. It’s just a matter of meeting them and telling them how to pay rent going forward.

Post: Haven’t met my new tenants

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

Greetings. Just purchased my first Triplex and it came with tenants. I didn’t meet them during the home buying process. What’s the best way to introduce myself? Should I simply knock on their door? Should I write a letter? I also need to tell them how to pay their rent. Any advice is greatly appreciated. Thank you.

Post: What questions should I ask during my closing?

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

I’m closing on my first triplex today and would like to know are there any specific questions that I should ask during the meeting?

Post: Average home insurance price for triplex in CT?

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

@Charles Carillo Hi, do you have any recommendations for homeowners insurance? Thanks for responding.

Post: Average home insurance price for triplex in CT?

Simon ObasPosted
  • Rental Property Investor
  • Posts 199
  • Votes 42

Hey y’all. I’m buying a 3 family home in Connecticut and shopping for insurance. I’ve been getting quotes between $3000-$4000 annually. Seems a bit high to me. How much are you paying for home insurance on a triplex? PS-the house is $4000 square feet.