Shawn L. Honer
Living in the same neighborhood of tenants.
I recently purchased a property in the neighborhood I live in. I admit I was very hesitant at first, my concern is having tenants aware where I live and possibly being bothered by these tenants. I have three investm...
Kayla V.
Kitchen Layout Design Help - BRRRR
I'm kicking off a renovation on a single family home in an A- neighborhood in Akron, Ohio that I plan to BRRRRR. The layout of the main floor is below and I'm struggling with how to update the kitchen. There are five ...
Will G.
Big reduction in noi?
Pocketeers, Looking at an 18 unit deal, 2016 had a noi of $72k and 2017 noi of $49k, due to lower gross rents and a bunch of needed cap ex on 3 of the units. How does one derive valuation with such different noi's?Wha...
Doreen Hall
Landlord pays for heat
Hi,
I am looking at a 3 family property where the landlord pays the heat. Each of the 3 apartments have their own thermostats. I wanted to ask if anyone knows of a way to monitor or put a limit the heat usage. Is it ...
Kyle Curtin
Unit Functionality over Appearance Story!
Good morning everyone! I just wanted to share a small piece of advice that I have experienced personally very recently.So a little bit of background, I have a 3 family property in Leominster, MA that is laid out in an...
Bud Evans
Cape Cod; Audubon, NJ
Investment Info:
Single-family residence fix & flip investment in Audubon.
Purchase price: $115,000
Cash invested: $55,000
Cape Cod in a desirable neighborhood. Was a 3 bedroom 1.5 bath, just cr...
Douglas B.
Estimating costs of repairs
this is a post for the SUB30kCLUB and anyone else who can help.
When buying a property in need of some rehab, what do you estimate for cosmetic rehab costs vs major rehab costs? I know that costs will vary w...
John Beavers
Association project
Condo association is currently doing a construction project to upgrade decks, siding & sliding glass doors. Each building is 3 stories, 4 condos per floor, 12 total units per building. The sliding glass door of ...
Jon L.
What to do with an original unit
I'm new to this site! I manage 15 units and all of them are mostly original. Rents are at market prices and we still increase $50-100 per door, per year. No one has moved out in 4 years and no one is planning on it.So...
Josh Turner
The old hideous shower conundrum
I have an otherwise nice lower B class townhouse that has the absolute ugliest fiberglass shower surround ever produced. It’s still in great shape (although it’s 30 years old) and certainly doesn’t effect the marketa...