Austin Wood
Questions about 4 unit now newly 5 unit
We have the opportunity to purchase a five plex built in the 1940’s for 230k. They pull $2450/month in rent but the landlord pays water and heat. Taxes are $300/month. Two units have new windows, two units need new w...
Dana R.
Broken Fireplace- Would you fix it?
I have a gas fireplace in my rental property that is broken and the tenant wants it fixed, but would you fix it?For me there's two issuses:1) The cost of fixing the fireplace.When I got the complaint about the firepla...
Nina Davenport
Converting Large Old House to a Duplex
I am purchasing a house that was built in the early 1900's as a SFH. It has one boiler and radiators throughout. I want to meter the electricity separately, and, of course, the heat.I had thought of shutting off the...
Spencer R.
need your expertise analyzing this 12plex
Hey everyone,
I have a potential deal I need some help with. I can buy an older 12 plex in a nice residential area (mostly sfh's on the street) for 560k. Gross rents are 75K/yr for 2013, with net after expens...
Marc Guillaume
Dual Fuel system in Massachusetts - oil and heat pump?
Just picked up an 8000sqft building in Western mass (7 apartment, 1 commercial space) that is heated by oil and paid for by the landlord. My partner and I are looking at creating a dual fuel system, where heat pumps ...
Sara Abernethy
How low can I offer on a foreclosure?
I'm looking at buying a 2BR 1.5BA foreclosure that is listed for $79k. There are three identical units. Cash is required and I'm prepared to pay cash. I was able to see the inside. Some work is needed but less than ...
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...
Preston Quinn
Mini split heat pump in rental property thoughts?
Hey guys, Here is my situation. I have a house in a class c neighborhood. I am renovating it now. The house has updated 100amp service, and a oil furnace. I had a quote for swapping it over to a heat pump. For $4200 I...
Anthony Therrien-Bernard
Turnkey buy and hold in Calgary, Alberta
Investment Info:
Single-family residence buy & hold investment in Calgary.
Purchase price: $424,900
Cash invested: $84,980
I bought this property mostly renovated in 2015 in the heat of Calgary's...
Jocilyn Oler
Need advice on potential deal!
I received a counter offer on a property and I would like others' opinions on if you would go forward with the deal. I guess the question is...do I go under contract today and fine tune my analysis of the deal in the...