John Friendas
15 vs 30 Year Mortgage for Investor
23 January 2025 | 3 replies
I have two options 6.625% 30 year or 6.15% 15 yearI want to invest aggressively in the near future on more propertiesThe loan is only $110k and the monthly payment for 15 year is $563 and $750I will earn 2-3k a month in gross rental revenueThe property is in a declining population areaRecently rennovated, and all major things were relatively recently improved such as plumbing, the roof, a/c, electric, etc.Will require a lot of management as it is rent by the room so I may switch to a normal rental after 10 yearsI'm trying to find what will mathematically net me the most money in the long run.
Jorge Caceres
Utilities included worth the risk?
7 January 2025 | 28 replies
@Jorge Caceres Is this with electric baseboard heaters or heat pump/minisplits.
Jason Vestweber
3620 Southgate Pl SW
14 January 2025 | 3 replies
It was a huge investment, but it cut the electricity cost by the full 2K per/mo all summer.
Charlie Green
Foreclosure Deal in Cleveland OH
16 January 2025 | 5 replies
did half the flip work, sold with new walls and new electric/plumbing.
Cody Ford
How do you know when a house is too old?
6 January 2025 | 5 replies
The property does have heated radiators through out each unit. everything is separated for each unit electricity, gas, and window units in each property.
Michael Almand
Paying a contractor for a scope of work
28 January 2025 | 9 replies
If there’s specific projects like electrical we get a project specific estimate after we put it under contract prior to the earnest money going hard.
Roger Flot
Updated Insurance for renovated property
21 January 2025 | 10 replies
Electrical next but mostly for eligibility purposes.
Calvin Kwan
Convert Duplex to Triplex in Oakland, CA
28 January 2025 | 8 replies
Already has some electric and plumbing hooked up.
Danielle Weaver
How to protect yourself as an owner who pays utilities
17 January 2025 | 5 replies
Electric: is the easiest to split, but may require holes cut in walls to separate the units.Gas: gas lines aren't as flexible as wires, but it can usually be done affordably.Water: most cities will NOT install additional water meters on a property.
Julio Gonzalez
Is my property a good candidate for cost segregation?
17 January 2025 | 2 replies
However, these properties generally have a lot of land improvements that qualify as well as certain portions of electrical, mechanical and plumbing that can qualify.