Tyler Turpin
Sell or not to sell
A realtor approached me the other day and told me she has a buyer who is interested in my duplex in San Pedro, CA. Loan balance is 560k. She offered 650k. I have owned it for 7 months and cash flow about 500 per month...
Tim Mercado
Detroiter saying hi
Hey guys. Cool forum, good info all around.
I have been lurking around for a while and I have learned a lot so far thanks.
Looking to learn more.
Judd Campbell
casual labor?
So I have been in the habit of finding a local handyman near each of my properties and I have them do work for me (mow the yard, clean gutters, etc.) 2 of these guys are under the $600 limit for sure. 4 other guys I ...
Kenneth Picha
Thoughts on Duplex I Am Considering
Hi AllI wanted to get some thoughts on a Duplex I may be purchasing. FYI-This will be a purchase to begin my acquiring of properties in Madison. The reason why is we are moving there after I retire from the military...
Hunter McClellan
First Investment House Hacking and Cash Flow
I am thinking about house hacking a duplex in Texas with a FHA loan and am not sure what I should be shooting for in regards to cash flow after I move out. If I pay close to full price, I will pay around $200 a month ...
Christopher Collins
Bridgeport Target Returns? by Gross Rent Multiple
What do investors in Bridgeport target for first year gross rent multiple (GRM)? I am used to a gross rent multiple target of around 8.6 for places in Stamford but in Bridgeport that seems to be very easy to get. Base...
Account Closed
advice needed: is this the right plan ?
hello,
i wanted to get some advice and see if i am on the right track here. My overall goal is to house hack a duplex or triplex and cash flow 200 per unit at a 7 to 10% COCR
i have around 40k to 150k to work with...
Cory Melious
Repair the HVAC or replace it?
Hey all!I’m curious what others would do in my situation. I have a rental condo that has a broken HVAC. The building provides heat/coolant. My HVAC is simply an air handler that blows hot and cold depending on what se...
Cynthia Hanke
First time looking at Multi-unit for a Buy & Hold
Hi all, this is my first post! I currently have 4 SFH and a condo, all rented & flowing smoothly. I would like to find a 2-6 unit multi-fam, in Central Ohio. Going to look in Mansfield today. The one that sound...
Elizabeth Colegrove
Depreciation Value: Personal to Rental
I remember reading that you could either depreciation from the sales price or the current market value if it has been a personal for awhile. Does anyone know what pub or the irs link?