Hi,I have a triplex which I’m working on. It’s technically a duplex and a house on the same property. It is/was in pretty bad shape but I’m repairing it in order to rent it out. My questions are about how the property...
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we have had a good, but picky, tenant for seven years. He has a lot of requests and most are reasonable. The three year old air conditioning went out today (Sunday). We got in touch with a repair company. They sai...
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I just bought an old (100+ yr old) 6-unit building with a single hot water boiler on a single thermostat. The heat works fine and the annual utility costs are reasonable, but there is no zoning and no good way to zon...
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Hi everyone, Hope all is well with you! I just purchased my first rental. It is a triplex. Each unit is 773 sqft with 2 bed 1 bath. Each bedroom is around 135 sqft. Previous owner installed mini-split in...
Wanted to see if any other flippers have ever installed split units for a flip in a Class C neighborhood vs an entire HVAC system. I figure that it will be around 1500 to purchase 2 units with around 1000-1200 in labo...
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In the past couple of weeks I have run into two potential houses that use boilers for heating. One house had a separate AC system with ducts and the second did not have any ducts. I'm thinking that the 2nd house will ...
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My tenants tried to save a few bucks on heating expenses by turning the central heat way down and using space heaters. When they moved out I eventually discovered that one of my electrical outlets wasn't working. Th...
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Good afternoon. I am in the process of finishing construction plans on a really cool industrial design loft multiplex. Very edgy. and low maintenance design. I have worked out the initial financing for land acquisit...
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Hello everyone! Very excited to post that we finally closed on our off market 8 unit apartment building. We are familiar with where we want our COC ROI with typical apartments. But the cool thing about this property i...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,100,000
A low-income 42 unit apartment complex built in the 60's.
What made you interested in invest...