Danny Soileau
To buy or not to buy
I can purchase a multi-family 4-door property for $145500. It is cash flowing $2000 with all 4 doors with tenants. It needs a new roof either now or for sure within 2 years. Estimated cost on roof is $10k. Its an old ...
Reggie Maggard
four-plex....good deal?
Heres the deal...4 plex, rents or 1740/mExpenses are 40 for electric, 35 for trash, mowing/snow- 150 for a total of 225PITI - 850Vacancy/PM/Capex/Maintenance-556total expense =1631this seems to be one of the better de...
Spencer Matthew Scott
Splitting electric meter on MultiFamily
I'm looking into buying a 3 unit building in Kansas City. It's on a single electric meter. Does anyone know how much would it cost to split into three separate electric meters? I'm not worried about any electrical ins...
Jodie Carlson
Installer for electric baseboard heater in Philadelphia
Looking for estimates to install a electric baseboard heater in a rental property in center city Philadelphia. Thank you!
Account Closed
Need to replace whole house furnace. I'm currently paying gas...
One of my 4-plex units I recently purchased in a hot suburb in the Cleveland Ohio area has a furnace that needs replacing. I knew this was going to be a cost early on, so that's not a big deal in and of itself.It is ...
Thomas B.
SFH to Tri-plex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $99,000
Cash invested: $130,000
1947 SFH 2/1, previous owner converted the single car garage into 1/1 apar...
Beth Anderson
What if I add solar panels to bring in more income?
Has anyone ever installed solar panels and then included electric in the rent, pocketing the difference when the solar covers most of their usage? The duplex we're looking at has free gas because there is an easement ...
Joseph Cornwell
Massive BRRRR Win in Cincinnati!
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Cincinnati.
Purchase price: $60,000
Cash invested: $75
This was a triplex that the City of Norwood (Cincinnati) made me co...
Taylor Kendrick
How old is too old? (or, what should I know about homes built in 1920?)
Hi everyone,
I'm looking at a variety of multi-family homes right now and I found an interesting MFH. All brick, built in 1920. Much older than most of the other listings I'm into but the rough numbers indicate it wo...
Jeremy Anan
Dealing with a Tenant Disconnected for Unpaid Electricity Bills and Stealing Power
Hello All - I'm currently facing a challenging situation with one of my tenants and would appreciate some advice on how to handle it appropriately.
Background: The tenant in question has had their electricity discon...