Daniel Reed
Strategies for Transitioning to Multifamily Properties with Positive Cash Flow?
25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
Brandi Jefferson
Hi! I'm happy to finally join the community!
14 January 2025 | 13 replies
So that area is based mainly on ease of longer term (ish) rental income, with about 2-3 years stability depending on how often people PCS and the (somewhat) quality of tenants (bc you never know, even with military).
Henry Clark
Malta Real Estate investments
22 December 2024 | 3 replies
Would love to talk REI mainly commercial an industrial.
Fed Finjap
Reflecting on my first year house hacking a 3-flat in Chicago
2 January 2025 | 11 replies
You should have two main lessons learned from all this.First: Tenant screening.
Ryan Marble
Buying land and building the multifamily residence???
12 January 2025 | 5 replies
Short term it is difficult to make the numbers work, the cost of new construction and the time it takes to zone-plan-build are usually the main reasons why private investors stay clear.
Steve K.
Insurance options for multi-family properties
27 December 2024 | 2 replies
I am located in Maine and have 2 six unit buildings, 2 four units, and a 5 unit.
Dan Audino
Intro Post - Chicago Commercial Property Manager
11 January 2025 | 9 replies
1-The goal wouldn't necessarily be to eventually to rent it out, main goal is to build equity and create value.
Venka Pulla
How to deal with Bad property manager
11 January 2025 | 7 replies
Try calling the PM from a different phone number and also try the number on rental listings (if it is different from their main number).
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
There's more low-hanging fruit here than I'll ever need, but hitting the ground running to pick it before land prices start reflecting the new higher values requires more capital than I have and I don't do debt.There are two main companies in the US who do the work of creating and selling eco-mitigation credits on a joint venture basis, separated by the Mississippi river.
David Putz
Lets hear what Note Servicers other Note Investors use.
2 January 2025 | 29 replies
I mainly use FCI and Madison for the majority of my notes.