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We have our first duplex in Bradenton, FL and the cabinets in one unit look home made and bad at that. Some are falling apart. They need to be replaced. First, for a rental, should we just go with very basic cabinetry...
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Hey, I would be happy to hear the opinion of investors who invest properties of $60k-$80k. In all the books, podcasts, articles I have read / heard.. there is some assumption of 5% rule of the annual rent that should ...
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Hello, So we got our first house finally! after making many offers the last few months. The house is not a foreclosure but a regular for sale. Home as built in 1960. It was already painted an had new tile put througho...
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I had to call the plumber a few times on the same rental and replace the toilet. it seems the Delta toilet doesnt have enough pressure to flush n#2. Looking for some suggestion on a high-pressure toilet tank. Lock Su...
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I'm freshening up some landscaping at a rental property and am wondering if there are steps I can take to make this a repair or misc expense or is it a capital improvement no matter what? Cost is ~$1500 if that i...
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I am in the process of calculating how much the insurance will cost on a $650K 8unit apartment to help with my NOI calculation. I'm having trouble with that and how much the taxes will be. The current tax value is no...
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Hello everyone,
We are closing on our 2nd multi-family next week. I've found an insurance broker I really like.
So he has been running numbers for me on this new property. It seems like we have a lot of...
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Asking $2,300,000
72 units - 1 bedroom/1 bath - 700 Square Feet - $460 monthly rent
8.3 Cap Rate - great for area
98% occupancy rate - due to low rents for area
49% expense to income ratio
Fishers, Indiana
• Upside...
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This is our 2nd tenant for our rental property and just got a laundry list of complains after moving it. Just minor issues that we can easily resolve but its a little discouraging since we never had any issue with ou...
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Hi guys, Ive been having a difficult time with some of my properties that have carpets. The tenants would leave gum, cat pee/dog poop, etc on the carpets, so I had to change them. The tenants moved in and said they ha...