Jason Noel
First Time Mobile Home Park Purchase
I am looking at purchasing a mobile home park in the town I live in. The basics of the listing are:Purchase Price: 2,500,000.00NOI: 224,000Cap Rate: 8.965.311 acres18 mobile homesRenovated in 2020I have never made an ...
Eric Luzier
Converting to gas heat?
Hi everyone! My husband and I just went under contract with the single-family home that is next door to the duplex we are currently house hacking. We weren't really planning on purchasing another property right now,...
Tim W.
Gas bill needs to shrink now!
10 unit in Cleveland, OH. Only 5 tenants and gas bill is $700/month. Is it me or is that high?
What change/upgrade should I do to reduce this bill other than charging the tenants a "utility bill"?
Any help/advice ...
DJ Carroll
Highest CAP rate you have ever purchased.
Curious as to the highest CAP rate on a deal you have bought .... one just fell in my lap that is like ~25% .... It's insane but it's an older guy that just wants to retire said that's what they are worth to him. LOL
Donald Roy Scott
What are the pros and cons of home warranties?
What are the pros and cons of having a home warranty? If you use a home warranty, do you use it in place of cap ex and maintenance reserves?
Katie Greenman
What is the best way to Increase appraisal value
What improvements should be made in a property if trying to increase appraisal value in Texas. I am submitting an offer for a multiplex and it needs some tlc. What do I hit first? I am trying to keep as much money in ...
Andrew Wilfong
Financing Land with a Home that Isn’t Able to Be Lived In
Hello,
My wife and I live in Pennsylvania.
We’re in the market for a plot of land with a home that is livable or raw land that we can later build on.
Recently we found the land that was exactly what we want, howeve...
Phung N.
How do you winterize your single family rental house?
I'm renting out a single family house. Personally I have never own a house. I love to hear your advices on maintenance and how to winterize your rental home. How often do you schedule regular inspection/maintenance...
Shanna Barnes
Does anyone use home warrantee companies?
Today I am not in a financial position and have not owned my invest long enough to have a pool of cash to pull from if there is a large unplanned repair. I was wondering what others think of utilizing these warrantees...
Andrew Erickson
Sub metering water on a triplex
I am looking at a triplex in South Jersey. It has a single water meter for the whole property. It currently costs about $250/mo for water which is crazy high in that neighborhood. I’d like to start charging it to each...