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Hi There, I'm a newby investor that ventured into my first multifamily that I am working to stabilize. The property is out of state for me (also a first!) located in Cincinnati. The property is a 4 units - 2/bed, 1/ba...
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I heard in one of the podcast to use CAN lights instead of ceiling fans in order to avoid maintenance later. My question is "Do we need to put CAN lights in bedrooms?" If so, how many CAN lights should be there a mini...
Hey everyone,I'm in the middle of renovating a bathroom in a rental unit and am having a hard time deciding whether to hire a plumber for installing the new bathtub. I currently have a contractor re-doing the tub alo...
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I recently acquired a 2 unit.
The first floor is a one bedroom about 6-700 SQ feet.
The second floor was a 1 br. However it has an attic that we are planning on converting to a br. Making it a 2 br unit.
I was ...
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In my neck of the woods, multifamily landlords generally pay for water and pass on electric and gas to their tenants. The triplex I have under contract technically has separate gas and electric meters for each unit, b...
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I have a tenant who is, i think, trying to learn to be a 'professional tenant' and she wants to learn on me.
In just 5 months she has run off two handymen working on her place, called the cops on a friend of mine (I d...
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HelloI am in new MF investment property. My offer was accepted and for 3 units MF (3floor- total 8Bed room) in CT (built in 1900) and closing target date is middle of march.I got home inspection report and major conce...
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@Bill Labrecque and I closed yesterday on a 2-family flip in Southington, Connecticut. As project progresses we will document the progress on this thread.Here are some of the key numbers:
Purchase Price: $87,500...
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I am doing my first live-in flip and all the windows in the house need replaced. I've received 5 quotes now but there all from the bigger name brands and the price is high. I need advice. What do people here on BP do?...
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Investment Info:
Single-family residence fix & flip investment.
Purchase price: $48,000
Cash invested: $23,742
Sale price: $92,000
Flipped a HUD home. It was the 15th home I visited/looked a...