Hello! I’ve found a distressed property while driving & I want to contact the owner but they are not living in the property. I tried to use Propstream to skip trace it but it couldn’t provide me with a number or e...
Hey Guys,
I reviewed the lease (created by our property management) for our tenants, and I feel like we, the landlords, are not protected enough on that lease. for example, I would want to add an addendum about "chang...
Good Morning everyone,So, here's the scoop, I'll be closing on a triplex (first deal, house hack, Hunterdon Co. NJ) within the next month. We are replacing the old (really old) septic system via a FHA 203K loan after ...
One of my rentals has a couple with three kids. When I visit to make repairs I have been noticing the stains and wear from three kids running around my unit all day. Any suggestions on how to mitigate the wear on the ...
Hi guys, I'm new to investing. My first potential purchase! Having a little trouble deciding if this is a good deal for me or not. I'm in Fargo North dakota. This is a three plex in a older neighborhood. House was bui...
Hello BP friends! What's the rule of thumb for creating a capex reserve? (as a percentage of total revenue) At day 1 of owning the property, do you typically have some $ sitting in the reserve?
We bought a 2 family in NH with an oil burner that needs to be replaced. Originally the guy that quoted us said that if our chimney is lined, natural gas would be better but we would have to wait until April so they c...
I spent some time looking on the forums how to get rid of the pot smell in my rental. A lot of people claim it goes away pretty easily. That was not my experience, but then my tenant turned out to be a dealer (and con...
Which model would you recommend for a rental unit? I want something which is stainless steel so that it matches rest of the appliances. What is most durable? Do you guys put something with a filter at the bottom or wi...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $190,000
Cash invested: $13,500
First investment property! An over under duplex consisting of a 2B1B main un...