Daniel Levine
Help looking at multi family deal
Hi all, I am struggling with the analysis on this one. I am looking at purchasing 3 multi families from the same owner. The only way the deal will work is if I purchase all 3. My biggest concern is that two of the pro...
Artur A.
How much cash do you recommend having in reserve for rental (SFH)
How much cash do you recommend having in reserve for rental (SFH converted to a duplex)? The house is old, 1916. The roof is new, and the furnace & AC is 2011.
Marcus Robert
Cashing out and would like opinions on leverage amount!
Greetings:
I am doing a cash-out on my 4-plex. I bought it in 2013 for 274k and it is now appraised at 500k. Even so the appreciation is nice, the Gross rent totals $4640 and has room to go to $4800. Note, I pay...
Ami Son
Adding utilities on month to month
I have purchased a 4plex in San Diego a couple years ago. It is currently barely cash flowing, but the rents with the current tenants that came with the property are so below the market value. I have been raising the ...
Calvin Matthews
Is it possible to make money from solar on a rental?
Hi everyone.
I'm an out of state investor with one house in New Braunfels, TX. My vague and miniscule understanding is that electricity is handled differently in Texas than other states. That being said, I've been he...
Katie Caldwell
Multi-Unit Opportunity - Money Pit or Gold Mine?
Hi Everyone,(LONG POST WARNING :: LOTS OF THOUGHTS) I came across an opportunity to purchase a multi-unit building for an amazing price. It was one of those "this is way too good to be true" situations and figured I n...
Robert P.
Separating Electric and Gas from Cottage Setup
Hi All,I'm looking at a 2 family property with a 3rd floor cottage set up (basically the attic converted to another apartment. Right now their gas and electric is hooked up to 2nd floor. It has it's own circuit breake...
Jeff Plotkin
Is insurance needed during rehab on a cash purchase?
Closing on a BRRRR deal in two weeks and I was wondering if I will need insurance during the rehab phase of the deal. Is it ok to wait until I refinance?
Rob Randle
How much to factor in for these expenses
Evaluating a triplex in NJ. The property has separate gas heaters and electric meters. In the description it mentions that "landlord pays water, hot water, and common area electric." & "tenant is responsible fo...
Nicole Sun
pros and cons of electric baseboard heating in northeast region
Hi all,
I plan to install electric baseboard in order to remove heating expenses for a multi. The obvious advantage to me is some financial gain. Like to hear some experiences other landlords have with this option. D...