I just closed on my first multi-family located in Shaker Heights, OH. It is currently a two family house (first floor and second floor apartments). Each is separately metered for gas and electricity-which the tenants ...
Where I'm located, a duplex in a decent area is going to run you at least $125k. Fully rented, rents in said decent area might be $1500-$1600/month. Taxes in Cleveland are generally high, with some areas being downrig...
Hello BP,I recently closed on my first buy and hold rental! It's an over/under duplex with a shared basement and is fully occupied.I have very quickly come across my first "issue" with the property. The shared basemen...
The owner has told us to make an offer as the property is not listed. I'm working on figuring out the numbers that will make this work and I'd like some help looking them over to point out what I'm missing; I fee lik...
Hey guys, how much can I expect to pay to have a house converted from oil heat to gas heat?
Tenant texted me this morning that the central heat wasn't working. So, off I go, to spend a couple of hours checking it out. The ignitor looked weak, so I replaced it with a universal I keep on hand. No go. Dig...
I got this in my inbox yesterday, a 95-unit, 4 property mutifamily up for auction in my area. Starting bid is $1M. http://www.auction.com/Tennessee/commercial-auctio...I'm just curious about how a property would end u...
My question is simple, Im starting a direct mail campaign for my wholesaling venture , What should my letters and/or postcards say to get the potential sellers attention?
Hey everyone. I just recently added a triplex to the portfolio on the Jersey Shore and it needs a 100% full renovation. It’s in a town that’s on the rise so I’m banking on appreciation as much as I’m banking on CASH F...
Hello,A town home complex is going through a $1 million renovation this year. New roofs have been done, sidewalks, landscaping, etc. with more improvements to come. Is this a perfect time to buy? I assume this will...