Michelle Richardson
Built an ADU to pay for mortgage
Investment Info:
Other other investment.
Purchase price: $50,000
Cash invested: $50,000
Built an ADU
What made you interested in investing in this type of deal?
Add additional income and...
Account Closed
Quadruplex Analysis
All, the following analysis is for a quad for which I just put in an offer. I've read the blog posts regarding the evaluation of properties and what each metric analyzes - I know what all of these mean, but I'm not su...
Frank LaViola
Rental with swimming pools
Hi All,I have a property that I’ve had on the market for sale but it’s not moving. I can positively cash flow at $500 per month net but am concerned with the swimming pool. Should I be?
Rob Brown
Duplex Analysis
Hello everyone. There is a duplex that I would like to purchase however the owner will not go down on the price and insist its a money maker at the asking price of $115k. All utilities are not separate and I would hav...
Sahand Banisadr
Should I do it? First Rental in the new city
I have won a bid (60K) on a Class C rental property (due to neighborhood and age of property) in Indianapolis. Neighborhood is a lower income working class and the property is a 2bed/1bath (~745sqf, and another 700sqf...
Mike A.
Laundry room - Need efficent washers and dryer recs
One of my buildings, a 30 unit, has a three washers and three dryers. I am trying to get the the expenses down, and the water/electric use for the building is pretty high. The dryers are electric, so I was going to up...
Mark Goodman
Converting a 3 unit into a 6 unit in Chicago. Costs?
I am looking at a very old 3 unit building in Chicago. It's zoned as a 6 unit and sits on two Chicago lots. I am expecting a full gut rehab here. I think the structure is sound, roof sound, windows okay and brickwork ...
Carlos Quiros
Questions from a new investor..... :-/
Hello All-
New to investing and had a few questions for those seasoned investors. My wife and I are looking at the mid-west to start investing (Ohio, Wisconsin, Indiana, Pennsylvania or Kentucky) My question are in t...
Nick McBride
Expenses and cash on cash return
Hello,I am starting my quest into investing and renting multi-family units. I wanted to get your opinion on expenditures. I know I need to compensate for electric, water/sewer, property tax, garbage, vacancy %, repair...
Joel Brown
Government foreclosure that just needed a little TLC and vision.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $77,420
Cash invested: $16,000
USRDA Foreclosure with hardwood floors. Cosmetic rehab plus new shower, electrical p...