Account Closed
Hoarder house or just neglected?
Are there any obvious signs that a home was a cleaned out hoarder house? We are too late to back out, have already begun the flip. Moved in after getting rid of the cat odor.
Painted, got buzzed on shellac, and inst...
Ron DeMaria
Clean up requirements for Rental with wood floors
Hello!
I just got a rental unit with solid hardwood floors and I am getting it beautifully refinished.I like to hear your thoughts on what do you require your tenants to when they vacate? This is a A- unit renting fo...
Lonryco Robinson
Rehabbing
Hi BP, Can anyone tell me what would should I expect to spend rehabbing an average sized kitchen and one and a half bath including labor costs. New cabinets, sink, island, splash boards.
D. McNabb
New Jersey Multifamily investment
Hi Guys,Can anyone give me a little insight owning multifamily property in New Jersey? I was pondering buying either in Bayonne or Elizabeth NJ, what are pros and cons? How much is rent for 2bd unit or 3bd unit, what ...
Ryan Helling
Best thing to do with building for high return
We have a building that is about 5000 sq ft (4000 first floor, 1000 second floor), we are trying to figure out the most optimal thing to do with it. It is two story, and is currently just a large shop floor with one s...
Akara Ambak
Converting a (Vacant) Rent Stabilized Building into Condos
Hello all,
I have an opportunity to acquire a 6-unit MF in Brooklyn that is rent stabilized. The building has two units per floor with the top floor vacant. Initially, the plan in our group, was to create full floor ...
Ryan Kenneth
What counts as Cap Ex?
Hi all!What do you guys consider to be a cap ex item?Each month I set aside a percentage of rent collected and place it in a savings account so that it builds up and is eventually ready to go towards the costs of lar...
Kailas Tare
Two tenants in SFR with ADU?
Hi, I am evaluating to buy an SFR which has an ADU. First floor 2 bed 1 bath and ADU is on top floor with its own kitchen, 2 bed and 1 bath. My question is can I have two tenants (two separate leases) one for main hou...
Aaron Gordon
Hello from the Ocean State!
Long-time reader, first time investor from Rhode Island! Over the summer I used a VA loan to purchase a 3br/1b per unit duplex that I'm currently house-hacking, doing a live-in remodel on the second floor with the fir...
Chris M.
Electric bill difference between 1st and 3rd floor in Florida 🌞
I found a nice apartment complex and the floor plan I like is on a third floor. In Florida the AC is running 49 weeks out of the year and for the majority of the time you’re home and want the temp to be comfortable....