Richard Benjamin Wilhite
1031 Multiple Lots into 1 or more Multi Family Property/ies
16 December 2024 | 6 replies
Richard,I would think the hurdle of selling all 9 lots at the same time and getting through due diligence in time to satisfy the 1031 requirements, might be a big goal.
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.
Aaron Dyson
My Second Property: Investing in a New-Build Home with a VA Loan in Bryan, Texas
19 December 2024 | 6 replies
The biggest hurdle I have with convincing ppl to househack is they feel like they 'deserve' to live alone, they've put in the time with roommates in college, etc and they wanna feel 'grown-up'.
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).
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.
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.
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.
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.
Henry Clark
Malta Real Estate investments
22 December 2024 | 3 replies
Would love to talk REI mainly commercial an industrial.