Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Multi-Family and Apartment Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 11 years ago on . Most recent reply

User Stats

119
Posts
34
Votes
Manuel Gonzalez
  • Lake Jackson, TX
34
Votes |
119
Posts

5 plex deal what yall think

Manuel Gonzalez
  • Lake Jackson, TX
Posted

Looking into getting my first multyfamily this is what the numbers look like to start off their is no tenants landlord hasant kept up with building for like 3-4 years .They have separate electric meters .Rents around here are 455 for 1-1 and 575 for 2-1 it consist of 4 1-1 and 1 2-1 I calculate I'm gonna put about 35 k into it to leave it like I want it central a/c and all. Their is a big demand for apartments cause their are lots of plant workers in area. The interest I think is gona be about 6% so what y'all guys think about it when its al said and donel done I'm gona pay all the water

Loading replies...