All Forum Posts by: Tiffany Reguera

Can anyone recommend a good firm to perform a cost segregation study in Redding, CA?  

Thanks!

Thank you for that insight David.  You are probably right.  I

A minimum of 4 units.  

Any thoughts on San Antonio?

I’d love any recommendations anyone has for a somewhat ideal location for a small multifamily.  My budget is around $500K.  I currently own a duplex in Little Rock, a single family home in Memphis and one in Northern California and a small commercial property also in Northern California. I’m having a hard time selecting a good location for a small multifamily...help!  Any advice welcome.

Hi, can someone smarter than me help? I am SURE I got May's rent in Tellus, but now I can't find it ANYWHERE? Any clue what I've done? May was my 1st month using it.  It was not deposited into my bank account.  The lease is set up month-to-month.  Thanks in adavance!

I plan on attending.  Woody's has that little side room, may not be occupied on a week night?

I'm interested as well!

Just bought a single family in Redding, CA, replacing the flooring prior to renting it out.  I'd like consistent flooring throughout as it is an older home with 2 additions, so I think being consistent with the flooring will help with the overall appeal.  I'd like to do a mid-range vinyl plank that has been recommended repetitively on BP, but my handyman voiced some concern over that product in the kitchen and bathrooms, in case of a leak that isn't addressed in a timely manner.  Not loving sheet linoleum or vinyl, don't want to spring for tile.  Any recommendations?

I just purchased my first Turnkey in Memphis about 6 weeks ago.  Purchase price was somewhere around $75,000.  It appraised for a few thousand below that.  The seller ended up paying a bit more of the closing costs (but not enough for me to break even).  It was my first purchase and I was already invested (emotionally) so I moved forward.  If I purchase directly from a turnkey in the future I'll ask them if they can ensure that the property will appraise for the purchase price (I'm not sure if this will help, clearly I'm very green!).  I don't regret doing the aforementioned, it got my feet wet, but I'll sure try to avoid it in the future.

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Hey group, thanks in advance for looking at this for me.  I am hell bent on buying an investment property this year.  This property is about 20 minutes away from my home and in a suburb where I own a large(ish) business.  The ASKING price is $285K.  (I'd put 20% down.)  There is a recent inspection which looked pretty decent...minimal repairs needed.  The rent is $650/unit (triplex) and under market.  FMV is $750 to $825/unit.  They are month to month.  Rent hasn't not been increased in years.  There is about $3000 in expenses per year (maintenance = $217, pest $450, gas $185, water $1270, and garbage = $1700).  There is about $31/month of income from laundry.  The triplex was built in 1997 and has original HVAC and roofing, but has been maintained (with records) yearly.  All units are occupied.  Clearly with the aforementioned numbers, it doesn't pencil out.  Advice?  Offer price suggested?  I'd be thrilled to hear anything you all have to contribute.