All Forum Posts by: Tyler Bushey

I have been considering heat pumps (mini splits) for a 4-unit building. Has anyone discussed with either of you if these will keep with demand when the weather is below zero? I guess that is my major concern.

--Dave

I'm putting heat pumps in every time I buy a property or turn a unit over. The systems I'm putting in the duplex I'm working on will function to -33 degrees. PM me if you want to chat about them!

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The key for me was finding a medium size local bank who lends their own money and keeps the loans in house. The underwriting department is actually in the branch I go to! I left my w2 job June 2019 and closed 3 BRRRR refinances with this bank within 6 months of leaving the w2 gig.

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I live in Biddeford, ME only about 35 minutes from Portsmouth!

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Originally posted by @Brian Anderson:

@Brendan Harding, you could always wholesale the deal to a local investor. That would remove the bulk of your risk and put some cash in your pocket for the next local transaction.

I 100% agree with this idea! Collect an assignment fee and stay local!

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If you're interested in assigning some of the buildings I'd definitely be interested!

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I live and invest in Biddeford. It's amazing the transformation that's happened!

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Originally posted by @John Boyorak:

I am also extremely interested in connecting. I currently have one single family rental, but am looking into expanding into multi-units.

What areas are you interested in?

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I had 2 tenants who's rent was supposed to go up from $1100 to $1175 April 1st and I've delayed it until September.

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Just make sure it cashflows once you move out! What areas are you looking to buy in?

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Agreed with above, it paints very well fortunately!

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All Forum Posts by: Tyler Bushey

Tyler Bushey has started 8 posts and replied 278 times.

Post: Heating system options for multi-family

Post: 1st BRRRR Refinancing With my LLC

Post: Looking to network with flippers/ investors in NH

Post: Distressed Sale- investors needed

Post: Advice on selling seller finance to older owners

Post: Forum to connect with investors in Maine

Post: Forum to connect with investors in Maine

Post: Anyone raising rents now?

Post: Is cashflow that important on my first owner occupied duplex?

Post: Asbestos Cement Shingles