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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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25 December 2024 | 12 replies
We are looking for 3 year lease if that is acceptable with you.My initial reaction was to decline this offer.
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26 December 2024 | 8 replies
We are seeing lots of huge cabins with pools and arcades being offered for $150 per night or less, with no takers.
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9 January 2025 | 46 replies
Most only talk to one wholesaler and think a quick cash offer is their only solution, usually leaving way too much on the table.
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23 December 2024 | 0 replies
Standard offer process.How did you finance this deal?
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26 December 2024 | 3 replies
For investors, it offers unique opportunities to maximize the value of properties and meet the growing demand for housing.
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18 December 2024 | 13 replies
Sometimes the lofts are large enough that you can stand up comfortably, other times they're two mattess on the floor and you have to crawl in from the ladder.
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25 December 2024 | 4 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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26 December 2024 | 27 replies
You're not going to have much luck listing your property without photos, especially if you're in a market with a lot of offerings.
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23 December 2024 | 1 reply
I'm considering making an offer on a 36-unit multi-family property.