James P Fridge
Turning expenses into cashflow?
Let's say I purchase a 4 plex that rents for $2,400 a month. It has a new roof, 4 new a/c condensors, 2 new water heaters and tile throughout. My PITI totals $725/month. I take that $2,275 left and put it in the bank...
Greg Schuricht
Water and Sewer billing
Are Water and Sewer are billed separately in Cleveland?
Also, is $86 per month for sewer normal? This is on a 3/1 SFH.
Thanks in advance!
Greg Mckeever
Analyze this Deal? Live In One Side, Rent The Other- Duplex
I purchased my first Duplex property about three months ago for $75k, using FHA 3.5% percent down. The original plan was for the tenant's side to pay 100% of the mortgage / taxes / insurance / PMI, while I cover trash...
Holly Horn
Including Utilities in Rent Pros/Cons?
Do you include utilities in the total rent? Pros/cons? Renters are looking for affordable listings, what do you do to make your listing stand out?
Chester Transo
Common Capital Repair Expenses For Older MHP
As a long time lurker, but first time poster, I have to tell you all that I am really impressed with the quality of the posts and all the awesome cooperation shown in this forum.In an older post Jim Johnson said "In o...
Sandy Keller
Advice for Improving 12 C- Rental Units in a C+ Neighbourhood
My mom has $23000 left to pay off on 12 residential units in the Chattanooga Area. Once that loan is paid off we will free up another $1200 per month. They are two 4 plexes (each of which need new roofs, gutters et...
Carlos Quiros
Questions from a new investor..... :-/
Hello All-
New to investing and had a few questions for those seasoned investors. My wife and I are looking at the mid-west to start investing (Ohio, Wisconsin, Indiana, Pennsylvania or Kentucky) My question are in t...
Kenny Kuramoto
HELOC Stuck on how to start
Ok. I have a HELOC of $200k I'm having a hard time figuring out how to start and scale. There is only 2 ways I can think of to make it work. 1. Buy property outright and just pay the HELOC off slowly. 2. Is put a down...
Oscar Brooks
Minneapolis Duplex - Analysis Results Comparison
Hey BP Community,I'm looking for my first investment property (hoping to owner occupy a duplex) and am trying to heed the advice I've heard on BP webinars, podcasts, and read on the site to make sure the numbers work....
Dawn Roof
Would a less than stellar looking front yard be a deal breaker for a renter? (See Photo)
How much does a potential renter care about the appearance of the front lawn? We are looking at a property in a middle class neighborhood in Charlotte, NC, and the front yard has just been seeded and covered in straw....