All Forum Posts by: Natasha Sykes

Hi Kiernan, thanks for responding. Yes it will. I intend to hold onto the property long term and yes I would be willing to live there if there was no income potential.

Hi, I am in the position to buy a single family historic home with an ADU in the back that currently has a tenant in it paying $1600 a month including utilities.

The home has 3 beds and 1 bath  and needs some light work such as floors including leveling of one bedroom where the floor is dipping, a few windows, stair repair, painting  and landscaping as it sits on a 7000sqft lot. I would eventually like to add another bathroom and a closet.

I am a house hacker so this would be used for the first year to serve as my primary home as I collect rent from the ADU.

Listing price is 515K, 5% down it won't cashflow until I move out. Estimated mortgage $3321, it is in a downtown historical area close to everything with good appreciation potential .  Mortgage rate of 6.5%

Would you recommend I do this deal?

I will probably get a local treatment and a soil treatment 

I’m not sure how bad it is yet. Will have an estimate and review tomorrow. I just didn’t know if there was any legal obligation for me to notify them. 

Hi I own a multifamily property and was just notified of termite activity in one of my units.  I am in the process of getting the issue researched and corrected.  I have another tenant moving in this week. Do I need to disclose the issue to them prior to move in?

Thank you! 

Hi, 

I recently bought my first property a triplex in the Phoenix area. The inside inside is all rehabbed and rented. I am wanting to freshen up the outside and need painters for the exterior of the house. I've gotten a couple of referrals but they are very slow to respond.

Any help would greatly be appreciated!

Thanks

@Jake Kain Thank You!!

Hi looking for licensed and bonded contractor referrals in the Phoenix area, please and thank you! 

@Marlon Johnson please tell me more.  What type of selling terms?