All Forum Posts by: Susan Foreman

We are closing on our first 4plex in a couple weeks.  Where do you recommend we get a rental agreement form?  

We are closing on our first 4plex in a couple weeks.  Where do you recommend we get a rental agreement form?  

Thank you both. I'm on the right track then. Was putting 8 for vacancy, 5 each for maintenance and Capex. Im not really shopping for a manager yet but will when we acquire 10 or more properties.

I am new to investing and am basically guessing when I fill out rental calculators.  What is the cap ex for our area?  Vacancy rate?  Average PM fees?  I appreciate any help on this as I want a realistic. view of the property income.

Thank you, Brandon.  The sellers act as if it can not be inspected inside and we were wary of that.  We only viewed 1 unit because I felt we'd get an idea of the others based on the inspection.   

Thank you both.  Is it common to have a 4plex with renters fully inspected or just the roof and exterior?

Just starting our RE journey!  I'm hoping to get a couple names of inspectors to use for multifamily properties in the Baton Rouge area.