Josh Bertolet
Range vents
Im preatty new to REI. I just bought my 1st property last week. One of the things Ive noticed in my renting years and many of the rental properties ive visited is most if not all have inadequate or nonexistent range v...
Jonathan Perez
Outside water faucet?
I can't seem to find the outside water faucet to the unit I'm going to live in. My grandfather and I were going to power wash the duplex but since I cannot find the faucet, my grandfather is insisting we use the tenan...
Adam Juodis
Estimating Monthly income for Coin Laundry
I'm looking into a 4-plex that has a coin laundry room. I was analyzing the deal, and I was wondering how to estimate how much monthly income would a laundry room bring in for a 4-unit multifamily property. How do you...
Conner Olsen
North Austin Duplex MTR Deal Analysis
I am house hacking a duplex MTR in North Austin, this is the numbers for my deal.
Purchase Price: 435k in November 2020Down Payment: 15%Rehab: ~$60kPITI: $2,250Current rent for the other unit: $2,650Future rent for m...
Cameron Riley
How clean is clean?
When a tenant leavesDo you hire cleaning service? Do you even clean the floors and windows?
Alex Brandt
Construction Loan - Structured Right?
Hello,
i am applying for a construction loan and it doesnt add up for me.
Background: On August 15, 2016 I bought two lots for $5k each. Each lots are 1/4 an acre with stubbed out city water/sewer, gas, and high sp...
Sam Leon
Parking spaces & bird poop
I have a tenant complained that her space - which is under a tall oak tree - is receiving a healthy amount of bird poop. She is asking to either move her to a different spot, remove the tree or to allow the use of my...
Steve Mcdonald
Builtin Coin laundry machine vs coin timer connected to machine
Hi All,I am deciding on washing machine with built in coin box or washing machine connected to coin timers.My concern was if the coinbox attached if the timer get over before the machine completes or if tenants put ex...
Britt Abbey
Coin-op Washer Dryer Usage - Unexpected
I've just recently added a coin-op washer and dryer to a 4 unit. The first month went well, and being a little OCD, I counted the coins in each box. The usage of the two machines matched 100%.I just emptied out mont...
David Moore
Coin Op Laundry
I need to ask my fellow Minnesota investors how they approach adding a coin-op or just commercial washer and dryer to their apartment. I am closing on a quad in two weeks that has a washer/dryer hookup, but the forme...