I have one rental, and I have done one flip. I learned a lot from those deals, but I am new to investing. I am spending hours looking. I am finding several deals for buy and hold rentals that come up in growing market...
Hello Experts!
I have an investment property located in a C neighborhood (43204). Historically, this area has high crime, but slowly getting better. New money are coming in to rehab these units. I was among the many...
Hi guys!I'm trying to analyze deals for house hacking (renting by the room) and am re-evaluating the way I calculate reserves. Currently, I use a percent multiplier by rent: 5% for repairs/maintenance, 8% for vacancy,...
Investment Info:
Single-family residence buy & hold investment in Philadelphia.
Purchase price: $55,000
Cash invested: $37,000
full gut rehab needed new plumbing, electric, HVAC, patched floors, ...
Hello all,
I am looking at an 11 unit MHP in North GA right now, waiting on my offer to be accepted. The homes on it are very old ranging from 1959-1985. I can replace existing homes with a like kind property, but wa...
Hi,I've been looking at a lot of houses looking for a multifamily to invest in. I'm finding in my area a lot of houses that are 100 years old or more sometimes and have asbestos shingles/roof. My question is, because...
How would you renovate a tenant occupied unit or would you completely stay away from this Idea? We had recently bought our first duplex in February and inherited a tenant on one side. We are House hacking and renovati...
Whats up guys!After a 6 month search, I just put my first property under contract in Guttenberg - a 2 family fixer upper. 2200 sq ft, 3/1 each floor. I definitely dove off the deep end with this one, as it needs:1. Un...
In one of the most desirable neighborhoods in my state sits a lovely Victorian mansion which was formerly a B&B. It is very dated inside with 40 year old wallpaper and stencils painted in many places on the walls....
New to investing - what’s a good rule of thumb to budget as a cushion for normal home maintenance and repairs (IE: roof replacement, HVAC replacement, etc) for an older home versus a newer home?