I just purchased a two unit rental and have been told by other landlords that it’s best to have all the utilities separate so each tenant pays their own, which I agree with. The way this property is set up is there i...
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Hey my friend and I are rehabbing a little 1500 sq. ft. 1950's home. Its a ranch and the roof is fine, no warping on the wood, no shingles missing or broken, no leaks. However they are grey, faded and very ugly. I don...
Hello,I had a tenant last winter and the heat in his unit was supplemented by the unit above him.It gets really cold down there in winter but he chose not to have free heat and sealed the vents tightly with an aluminu...
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Believe it or not, we are already in the middle of Q3! Looking back at the first 7 months of the year we get a pretty good idea where we are headed for the balance of the year!High demand, low inventory and ever short...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $261,000
Cash invested: $9,135
This is a 1978 4 plex building in a nice West Fargo Neighborhood, with the Ch...
I'm looking at an old home in a low-rent part of town. It's been converted to a 5 unit. Total rents = $2250/mo. They are asking $70,000. That seems great until I tell you that the landlord pays water, electricity, and...
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Im unfamilar with area. Which areas should we avoid?
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Purchase Price: $64,000
Current Rents: $1,840 (550, 400, 440 and 450)
Renovations: $28,000
ARV: $110,000
AR Rents: $2,000
Taxes: $3600 (Based upon assessment of $120,800) Will attempt to grieve.
...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $925,000
Cash invested: $200,000
13 Unit Multifamily property in the Waveland neighborhood of Des Moines, Iow...
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Hello! If there is an underground oil tank, is the seller legally responsible to remove it before the buyer acquires the property? Or can it be negotiated within the contract? This property is in Connecticut. Thank you!