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1 October 2024 | 5 replies
The next buyer brought in an engineer who had over 20 years experience with older residential homes in Denver and said, "yeah, it's not perfect and certainly not to current code but it will likely continue to function as it has for the past 80 years."
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28 September 2024 | 3 replies
I'm looking at doing a 1031 from Colorado to investing in residential (single family/multi-family) in Cheyenne, Wyoming area and wondering if anyone has current insight to this area?
30 September 2024 | 6 replies
I’ve learned a lot from Bigger Pockets, first time posting:I’d love to get some feedback on where to go from my current position.Background: we own two houses on a single lot in a residential neighborhood.
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28 September 2024 | 5 replies
For most multifamily, I'm seeing on 30 year amortization to boot.Reminder for the lurkers that this has nothing to do with single family homes, 1-4 unit residential all gets residential mortgage financing, which isn't presently as good as commercial.Odd world where the 8-unit property has a payment that is less than twice as much as the fourplex, even though it pulls in twice the rents, and has less than twice the maintenance expense (the price of the fourplex is likely to be more than half the price of the 8-unit, and more than 1/5th the price of OP's 20-unit, holding constant location etc, but that's another rant for another day).
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3 October 2024 | 46 replies
CRS is certified residential specialist and it’s the highest designation a residential agent can get.
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30 September 2024 | 3 replies
In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.
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1 October 2024 | 12 replies
It took explaining it to some residential clients at first but there are lots of benefits to it.
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1 October 2024 | 2 replies
Investment Info: Multi-family residential buy & hold investment located a 20-mile drive or 25-minute ferry ride from downtown Boston in the beach town of Hull, Massachusetts, also known as Nantasket Beach.Purchase price: $550,000 in 2016Cash invested: $137,500 from 1031 exchange (75% mortgage)A 14-unit property on a corner lot, and it includes an adjacent lot as well (10,000 sq ft total lot size, double the town median lot size), giving an exceptionally large patio, yard, parking areas front and back, and a storage shed.
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24 September 2024 | 3 replies
Quote from @Michelle Bowes: We own a residential 10-plex in a small, safe, Nebraska rural community.
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30 September 2024 | 4 replies
In my case, I have residential rentals in one LLC, commercial properties in another, self storage in a third, and my real estate company operates in a fourth.