Hi guys, I have been looking at this deal. Its a duplex, listed for 48k. Combined rents for 1300. Owner paying water,sewage, and garbage. Taxes are 800 a year. C+/B- AreaThe numbers sound great, but I walked through t...
I am planning to purchase a multi-family proprerty in the relatively near future which I intend to house-hack. I would like to save up enough for both my down payment and an emergency fund. From experience, what would...
Hello everyone,I'm a first-time investor and I'm looking at purchasing a duplex in Texas. I'd love to get some feedback and advice from more experienced investors. Here are the details of the property:- Leased until J...
Hello Forum, I recently purchased a property in Detroit, house was built in 1927 electrical and plumbing essentially original to property. It's currently set up and zoned as a Duplex about 4400 sq ft(including attic a...
My air conditioner has stopped working. My property manager provided a quote for repairs. What's your opinion on this quote? The furnace is also old. Would it be better to replace the entire HVAC system? Or would it b...
Hi, I have two properties that I am looking to sell but once to use the profits wisely. My plan is to buy 1 STR and 1 LTR. How can I go about doing this either with a 1031 or what is the best method to attack this? ...
Hello everyone,
I am analyzing multifamily deals using a modified spreadsheet I found online, and the spreadsheet has a reserve account that is taken directly out of of the NOI called "Replacement Reserve". It is ta...
Hello! I live in a suburb of Indy with my wife and 3 teenage kids. We just jumped in the game in April when we bought our first STR in Sevierville, TN. Went big (5BR) and spent more than we wanted but so far so good (...
Hello,
When we purchased our first SFR last year, out realtor gifted us a home warranty through Cinch. We have used them 2 times ($150 deductible per call). First time was plumbing- they had to replace the main...
I've had the property for 8 years. Did a cash out refinance on it recently along with others. The house got a new roof a year ago because it was ready to fail. Plumbing and appliances as well as paint will need upgrad...