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24 January 2025 | 13 replies
One other thing to keep in mind is that you have more financing options on 2-4 units than you do on 5+ units.
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16 January 2025 | 40 replies
With @Michael Baum on this.Another angle of thought - who would have a better chance of success challenging Airbnb TOS:1) A "brand" with 5 units2) A brand with 500 units?
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17 January 2025 | 37 replies
I’m very glad things didn’t work out.Lastly, Zach’s partner, Daniel, who seemed to be a more level-headed individual didn’t help matters any.
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30 January 2025 | 8 replies
I'm imagining something more like add a wall, turn a bedroom into a kitchen-living on one side and a formal dining room into a bedroom on the other side, maybe add a half bath in each unit.
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13 January 2025 | 31 replies
This level of professionalism becomes second nature.Frankly, when you come from a corporate background and you enter REI you are shocked by how primitive most "investors" operate.
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3 January 2025 | 2 replies
Investment Info:Small multi-family (2-4 units) buy & hold investment.
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10 January 2025 | 9 replies
It’s great to hear you’re ready to take things to the next level in the residential space.
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21 January 2025 | 3 replies
I’m considering amulti-family property in the 76104 zip code of Fort Worth, TX, and I’d love your feedback to help determine if this is a good deal.Property DetailsAsking Price: $169,999 (seller says it’s negotiable).Current Rental Income: $2,400/month (duplex is vacant).Configuration: Combination of duplex and triplex units.Some units are rented at below-market rates.The duplex and need rehab.Historical Income: Seller claims it previously brought in $5,000/month when fully occupied.ConditionBuilt in 1934, so it’s an older property.Some permits were recently pulled (e.g., plumbing, window replacements, and sheetrock repairs), but it still needs work to get the vacant units ready to rent.It’s located in a neighborhood with a higher crime rate but also near major highways and areas with rental demand (e.g., downtown Fort Worth and Texas Christian University).My Goal:I’m focused on cash flow, and this property seems like it could work if I can stabilize it.
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16 February 2025 | 29 replies
If you want to build equity quickly, some level of hands-on involvement is key.
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19 January 2025 | 46 replies
Zoning- certain towns are starting to restrict Airbnb type rental units.