After years of doing my own remodeling and hiring myself out and recently inheriting about $100,000, I have decided to dive into real estate to put both skills and money to good use. In my initial search I have found...
Hi All,
I purchased a 2 family house that I am living in. I have 200k equity in the house, 450k purchase price and the tenant is covering all but about $600 per month in living costs including utilities. I wa...
10 unit in Cleveland, OH. Only 5 tenants and gas bill is $700/month. Is it me or is that high?
What change/upgrade should I do to reduce this bill other than charging the tenants a "utility bill"?
Any help/advice ...
Good day. When does it make sense to make tenants pay utilities. I have this 4-plex on contract and the current tenants have the utilities included in their monthly rent. 2 are paying 650 and the other 2 paying 550...
So first 4 family property owner here. I purchased last month and just got my first electric and gas bill. Let's just say wallet shock doesnt cover it. To break down the tldr, apparently I used 23.59 in gas last month...
Im taking my real estate classes now and going over Cap rate right now and I really want to make sure I have a good grasp on how to figure Cap rates. I'm still a little confused about it. Do you use gross or net amoun...
We are closing on a legal duplex where we will be living in the main house and renting out the back house. The back house has separate gas and electric lines, but we're debating on adding a water line. The cost will b...
Hi all,
I am currently exploring potential markets for a STR via Airbnb. The Joshua Tree/Twentynine Palms market stands out to me. Does anyone have STR experience in this area and how has that been going for you? Any...
I am new to the site.Whats best way to raise capital towards multifamily homes? I already own 3 but need capital to buy more properties.Im not asking familyI don't have access to LOC or HELOC.I am not borrowing hard m...
I am a new investor just north of Boston and I'm contemplating the strategy for my first real estate purchase. I am considering 1 of two options;1) House hack and then BRRRR after 2 years of living in it (I work in Wa...