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Hi, I am looking for some advice on how to estimate rehab costs on an auction property. I will not be able to access the property before the auction. Is there a way to find out if it is occupied? Do you use a price pe...
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Good morning, BP!After a couple months of lurking and posts here and there, along with listening to many podcasts and REI books, I've finally gotten my first property on contract with a closing date of 1/10/19!First, ...
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One of my properties uses oil based furnace as heating source and has a buried oil tank. The system is operating just fine. But I noticed warnings on the internet about the dangers of buried oil tanks. They can leak a...
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What is considered a good monthly commission on gross monthly collections from the company providing equipment for my laundry rooms? They are putting in four brand new frontload washers and dryers. I am signing a fiv...
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Brick construction, 20 units , Built in 1970, Location NC, Area characterized as Class C. I drove through the area, there are new constructions happening on that street and the streets nearby. Property is master meter...
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Have you guys heard about the deregulated energy companies? I actually signed up with one and have all my tenants and properties as my customers. They can earn free energy which frees up money for them (to pay me) a...
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I’m looking to purchase my first multi family property which happens to be a fourplex. The property currently has tenants. I’m looking for advice and experiences regarding the due diligence process. What are critical ...
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I'm analyzing a duplex deal that I see in my market. I plan to live in one unit and rent out the other.Analyzing this multi-family deal there is a separation between repairs that need to be made and repairs that will...
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Hey All!Attached are screen shots of my analysis for my next investment property, long term hold.Looking to get another set of eyes and insight from more experienced investors to see if I'm missing anything or if this...
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Ok, dumb question because I know there isn't a answer. I'm trying to evaluate deducible vs premium quotes. I'm about to close on a 4-unit multifamily in Phoenix. I've personally have never had to file an insurance ...