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19 December 2024 | 7 replies
I am new to this and have been reading and researching.I have a meeting set up with Praxis Capital.Has anyone invested with Praxis Capital and if so just wondering about your experience.Thank you Louis, did you ever invest with Praxis Capital?
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16 December 2024 | 5 replies
For instance, FHA guidelines are very strict and restrictive when it comes to using departing-residence rental income to qualify for a new FHA loan (such as the 100-mile rule).
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28 December 2024 | 16 replies
One other possibility to prepare for is that the court may ask the two of you to meet with a mediator prior to the judge hearing the case.
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24 December 2024 | 23 replies
This can range from local real estate clubs all the way up to multifamily specific events such as the National Multi Housing Council’s annual meeting.
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3 January 2025 | 42 replies
Ivan had a big town hall meeting where investors were invited to Indy to a live presentation..
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20 December 2024 | 3 replies
A window A/C might keep it comfortable, but it often doesn’t meet the standard for counting it as fully finished square footage.
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21 December 2024 | 3 replies
We are about to buy a Building that just so happens to be in an opportunity Zone and meets all the requirements to be eligible for a fund.
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2 January 2025 | 53 replies
Maybe time the trip to line up with some local REIA meetings and see what other local investors think about price, timing, etc.?
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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.
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12 December 2024 | 10 replies
Quote from @Ben Trageser: I would recommend calling the zoning department of the town and asking.