All Forum Posts by: Chris Troutner

I have been looking for small multi-family units and just purchased a duplex in NPR with the help of @Brandon M.  I haven't even put it up for rent yet and have already had a couple of inquiries, so it seems I will have no trouble getting it rented out.  Each unit is a 2BR 1.5BA with over 1,000 SF on each side.  As far as rents, you can see what is listed for rent on Zillow or spring for a rental app that will aggregate all the information and give you averages in the area. It depends on size of the house and area of town.

Thanks Nancy.  Yes, Always great info and help from the BP community. Thanks to all! And Happy Thanksgiving.

Thanks Bill and Kim.  I use a property management company. I was only asking anecdotally, what people experienced with certain types of unit sizes. This is good feedback. Thanks. I maybe should be more open-minded about unit types and trust the PM's screening process (after vetting the PM of course).

I wanted to get some opinions based on experience with renters comparing 2-bedroom units (and above) vs. 1-bedroom and studios.  I currently have a duplex (each side is 2Bd/1Ba) under contract.  I'm looking at additional multi-family properties (Pinellas County and Pasco County, FL). My initial thinking was to try and stick with properties that a family could rent out, thinking this would be a more dependable tenant population. And a population less prone to trash my property. I have avoided looking at duplexes, triplexes, etc. that only have 1-bedroom units or studios, but I'm wondering if I should reconsider?  Single people need places to live too. I know it depends on many factors, but I'm curious about your experience with tenants and 1-Br and studio rentals.  Thanks!

I think Aaron is right. A couple items for reference: Short book from people at North American Savings Banks in Missouri (one of the few IRA lenders. I have only found two) "Leverage Your IRA: Maximize Your Profits with Real Estate". You might also want to search Bill Bronchik's site www.legalwiz.com. He set up my IRA LLC.

To clarify I didn't use an agent to purchase the SFR in Pasco County, I got that through a wholesaler, hence my question about realtors.

Hi, can someone recommend an agent in the New Port Richey, FL area that works with investors? I have been looking in Pinellas County, but actually ended up purchasing a SFR to rehab in Pasco County. I would like to invest more in Pasco County.

Thanks,

Chris

Hi Danielle,

I am looking for SFRs (3B/2BA) or small multi-family (2-4 units) in Pinellas County.

Thanks,

Chris

[email protected]

Thank you Brandon. I did see Michael's name in my initial search of the forums.  I may have skimmed too fast, I thought he was a contractor looking to get into investing.  I'll reach out to him.

Hi, I was hoping someone on BP could give me a recommendation for a contractor in the Pinellas Country (St. Petersburg) area.  I have a realtor in place and project manager, but an opportunity on a rental property has come to me and I need a contractor. I live in Maryland. Obviously, I can search online, but wanted to check here first with BP members for recommendations.

Thanks,

Chris