Chris Huang
Buying property with HPD Violations
11 May 2021 | 2 replies
We had planned to renovate the entire place ourselves.List of violations:properly repair with similar material the broken or defective sheet-rock at east wall inside base cabinets in the kitchen located at apt 2fl, 2nd storyproperly repair with similar material the broken or defective ceramic tiles floor in the bathroom located at apt 2fl, 2nd storyproperly secure the loose base-molding at walls in the 2nd room from north at west located at apt 2fl, 2nd storyproperly repair the broken or defective counterbalance at upper sash south east window in the 2nd room from north at west located at apt 2fl, 2nd storyproperly repair the broken or defective counterbalance at lower sash south window in the kitchen located at apt 2fl, 2nd storyreset, so as to secure a proper and tight connection, the water closet bowl .."
Daniel Rosa
Best HVAC for duplex for independent controlls?
20 May 2021 | 20 replies
How hot/cold or humid/dry, etc.
Chris Huang
Buying property with HPD Violations
10 May 2021 | 9 replies
We had planned to renovate the entire place ourselves.List of violations:properly repair with similar material the broken or defective sheet-rock at east wall inside base cabinets in the kitchen located at apt 2fl, 2nd storyproperly repair with similar material the broken or defective ceramic tiles floor in the bathroom located at apt 2fl, 2nd storyproperly secure the loose base-molding at walls in the 2nd room from north at west located at apt 2fl, 2nd storyproperly repair the broken or defective counterbalance at upper sash south east window in the 2nd room from north at west located at apt 2fl, 2nd storyproperly repair the broken or defective counterbalance at lower sash south window in the kitchen located at apt 2fl, 2nd storyreset, so as to secure a proper and tight connection, the water closet bowl .."
Matt B.
What do you think of this deal?
12 May 2021 | 3 replies
Below is a screenshot of the model results but see below for a break out of the assumptions:Purchase price = List price (room for negotiation)Closing Costs = Estimate from lenderDown Payment = requirement from lender @ 25%Interest rate = rate offered on a two unit rental from lender Total rents/Month = current rents in place (room to raise based on market) Property taxes, Insurance, Water/Sewer, Trash removal = all reflect actual amounts paid by current ownerVacancy rate = 10% of gross rent Cap Ex = 5% of gross rentMaintenance & Repairs = 5% of gross rentMonthly free cash flow = $155Total ROI = 7.14%My question is simple, do you think this is a good deal?
Paul Sandhu
Do you take "mystery objects" for your STR tenants to guess?
13 May 2021 | 11 replies
It was also used in water pipes years ago, which is the reason some cities struggle with lead poisoning in their water.
Jason Sinclair
Materials prices in Missouri-can I get some windows!?
29 June 2021 | 8 replies
Hi all-I'm testing the waters to see if my contractors are missing something.
Ricky Priester
Multi Family Home questions? Good vs Bad deal
12 May 2021 | 3 replies
Who pays water/gas/trash?
Cody McVay
Post House Hack Investing
11 May 2021 | 6 replies
and am planning on doing another HH (4 - plex) when I can, I'm also looking to break into small mulit-family ((8 - 15) units) as my first "real" investment by raising private capital, both by the end of the year hopefully.My question is meant to start a conversation as I look at House Hacking as dipping your toe in the water prior to diving in, there is not much information on what to do between dipping your toe in and swimming... so, 1.)
Diego Omar Jaime
Land for future small home/short term rental
13 May 2021 | 10 replies
For instance if you had a few acres in an undeveloped area, you may use it for camping or if there was water on the property maybe fishing.
Eric Salgado
Help!!!! First property disaster
14 May 2021 | 6 replies
Then He plays very loud music, won’t let anyone in his unit including the water department cause our water bill and electric bills have skyrocketed, when the contractor goes upstairs to fix the upstairs unit he lets everyone know there was a suicide in the unit which we feel will scare away another tenant when we are trying to get it filled.