Noy Rivlin
First-Time Investor Looking for Advice and Connections in Pittsburgh!
11 January 2025 | 8 replies
Those tend to be the neighborhoods that are gentrifying.Unique stuff to Pittsburgh I would say is don't go based on zip codes since one zip code can be composed of multiple different areas/neighborhoods.
Damon Albers
tenants breaking leases and excessive damage make it hard to be profitable
5 January 2025 | 39 replies
Based on the rents, I would guess the $1350 house is in a C+ or maybe B- area, and the $950 is in a C- area.What neighborhoods or zip codes are these in?
Jim G.
Is it required tempered glass windows?
12 January 2025 | 4 replies
@Jim G.Per the International Residential Code if the glazing is less then 60 inches vertically from a standing or walking surface then yes it’s required to be safety glass as it’s considered a hazardous area.
Alan Mills
Sewer clean outs required?
4 January 2025 | 9 replies
The code being cited by the inspector is below if you care to bother.Thank you.https://codes.iccsafe.org/content/IPC2021P3/chapter-7-sanitary-drainage#IPC2021P3_Ch07_Sec708 Could you put cleanouts within the interior (is there a basement?)
Dalton Foote
Value Add MultiFamily
13 January 2025 | 21 replies
@Dalton Foote I have had tremendous success using direct mail and mailing the owner of record where the tax bills get mailed to.Generally, property management companies don’t pay the real estate taxes so this gets me right to the owner.Targeting wise, I would just do a zip code filtered by unit count using a service like listsource.
Jesse Valdez
HELP***Week to week tenant eviction
12 January 2025 | 28 replies
Door locks are all coded and changeable right from my cell from anywhere.
Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
I special purpose equipment setup.
Tayvion Payton
Thoughts on a Multi-Family Deal in 76104, Fort Worth? Looking for Cash Flow!
17 January 2025 | 2 replies
I’m considering amulti-family property in the 76104 zip code of Fort Worth, TX, and I’d love your feedback to help determine if this is a good deal.Property DetailsAsking Price: $169,999 (seller says it’s negotiable).Current Rental Income: $2,400/month (duplex is vacant).Configuration: Combination of duplex and triplex units.Some units are rented at below-market rates.The duplex and need rehab.Historical Income: Seller claims it previously brought in $5,000/month when fully occupied.ConditionBuilt in 1934, so it’s an older property.Some permits were recently pulled (e.g., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.
Roger Flot
Updated Insurance for renovated property
13 January 2025 | 1 reply
Quote from @Roger Flot: I was reviewing some renovated listings in my area and one indicated that even though the house was originally built in 1920, because of all the renovations bringing the house to current code, that you could get 2024 rates on insurance.
Ben Hedvat
Townhouse fix & flip Harlem investment
16 January 2025 | 0 replies
I’ve built relationships with brokers who specialize in Harlem, and one of them brought this off-market deal to my attention.