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Yesterday my tenants AC broke. They needed to spend the night in a hotel room because the AC repairman couldn’t make it until the next morning at 11am. I’ve been researching the requirement about whether I need to r...
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Howdy everyone,
I'm looking at a SFH right now that I would be house hacking. The house has 2.5 bathrooms, and after adding a bedroom, it will be 4 bedrooms. I'm planning to rent out 3 rooms and live there myself, so...
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Hi BPites,As we all know the MFR market is pretty hot and deals are far and few between. A strategy I have been following is to make few offers every week without seeing each and every property. I strike out almost 10...
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Hi guys,I wanted to gage every bodies opions on the general housing market status. Right now I'm currently brand new to investing, I'm looking for my first purchase to be a multy unit in the Topsham Brunswick area of ...
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We need to secure our job site with more than locks. It is a fairly large complex and I will do alarm system on some units (planning SimpliSafe) and cameras at some. Cameras are mostly to secure materials and equipmen...
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I am buying a property with past title issues. According to the seller, who is an attorney, title issues have been fixed. The property has been rezoned from commercial to residential and will require some work to mak...
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Looking at a SFH and below are my numbers;1. CoC ROI - 3.4%2. Closing cost is included 3. Monthly net cash flow: ~ $1264. A class property5. All the expenses are included In the above calculation. (8% repair) even tho...
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Is it reasonable to estimate 12-15% CAP rate in the NWI area for multi-family/apartment buildings?
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I have always read that you should never take over a rental property where the landlord/owner pays the heat & hotwater. What has the experience on the board been?? Has anyone ever taken over a small multi-family...
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Hello, I am currently looking for a 4-unit house hack in a hot market (Dayton, OH). These 4-units come on the market and are gone in a day. NONE of the 4-units posted in the past couple months will accept FHA financin...