Dylan Bensinger
Inheriting a Tenant-Need a Game Plan
8 April 2017 | 4 replies
The plan is to self manage as I want to learn that part of the business while I'm young and full of energy.
Nathan Gilbo
Deal feedback Duplex 87,000
10 April 2017 | 1 reply
All heat, water, and electric is tenants responsibility.
Leland S.
Would you sell fsbo to cover flip losses?
10 May 2017 | 21 replies
For example; I can do electrical work yet I choose to hire an electrician.
Jeremy Smith
Newbie getting started
11 April 2017 | 6 replies
Thank you sir, ive considered trying to get hvac certified this summer too so i can do that aswell, i have no desire to learn electrical however as ive been shocked one too many times and dont care to get shocked again, but i agree its a shrinking industry which is good for us younger guys , my only concern is rising interest rates ruining my plans before they even get started
Adam Michael
Upgrade Electrical & Add Box
9 April 2017 | 0 replies
There is also a large walk up attic space and eventually plan to add dormers and finish it.There are two electrical boxes currently, one for each floor.
Sunny Malhotra
Multi-family investment: Convert electric->gas heating solutions
10 April 2017 | 6 replies
Does anyone have any solutions to convert from electric to gas in a concrete building?
Jason Malabute
GAS ELECTRIC WATER METER (RUB CITY OF LA)
10 April 2017 | 0 replies
Hi All,If a multifamily home has 1 meter for the eletric, gas, and water how much will it cost to install a second meter for each utility component? How much does "RUB" cost in the city of LA? How does it work?Is ther...
Brandon Leong
Calculating Insurance Coverage Amount
11 April 2017 | 2 replies
@Brandon Leong my experience when getting insurance is my insurance broker tells me what the coverage is based on several factors that I give to get a quote (I've gotten quotes for SFR and quads):1-how far from fire hydrant and fire station (she figures this out for herself since I give her the address)2-roof age and here in Florida, wind mitigation3-age of property4-is it in a flood zone5-she does a minimum mandatory coverage amount and then I tell her how much more in $$$ I want covered. this is based on how much will it cost to rebuild.6-the rental loss is included so I don't need to ask about that - at least for me it is, not sure if others have to ask for it to be included.7-what type of electrical and plumbing are in the house if it's an older home.Perhaps talk to a insurance broker and tell them what you have and ask them for a quote.
Marty Gold
Any advice for a deal which fails the 2% rule?
11 April 2017 | 14 replies
. $3,600 per year for electric/water/sewage (they pay heat/cable)$400 put aside each year for future capital expenditures (should this be higher?)
Marty Gold
What do you do with CapEx money?
13 November 2017 | 9 replies
CapEx is comprised of large, irregular expenses that need to be taken care of every couple of years (new roof, new kitchen, plumbing/electrical overhaul).Here's an unwise approach:"My roof is 15 years old and has approximately 5 years left.