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18 November 2024 | 4 replies
As a PM with 65 Units my core PMS is over $5k per month.
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18 November 2024 | 2 replies
Investment Info:Small multi-family (2-4 units) buy & hold investment.
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19 November 2024 | 6 replies
They appreciate it and the less I turn a unit the easier it is to run it.
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20 November 2024 | 4 replies
If this is a 1-4 unit residential loan, most appraisers and lenders are going to use the sales comparison approach.
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18 November 2024 | 3 replies
The only way to do it is to do the work with the city to make all four units condos and then sell the off separately.
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18 November 2024 | 0 replies
The median sale price increased month over month breaking the trend of decreasing median sale price the past two months.The rental market continued to moderate in Q3 2024 thanks in part to the increase in units being built. 1,815 units were completed in the year ending with Q3 2024 with 1,447 expected to be completed in the next four quarters.These new units brought online in the past year increased the overall inventory by 3.4%, however by Q3 2025 we anticipate demand to outpace supply by over 550 units.With this increase in units over the past year we have seen the occupancy rate moderate at 95.8%, down from the high of 98.9% in 2022.
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20 November 2024 | 3 replies
Many people usually start off with house hacking where you purchase your primary and rent out the other vacant units/rooms to lower your mortgage payments.
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19 November 2024 | 15 replies
Goodmorning Sandy, are you thinking of smaller or larger unit multifamily and are you thinking of investing in Oregon now?
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22 November 2024 | 12 replies
Make them pay until the unit gets rented to someone else?
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22 November 2024 | 15 replies
A triplex or quadplex could provide more units for rental income, but obviously will require more financing, so having your financials and pre-approval lined up early is key.Since you’re already looking to network, attending local real estate meetups is a great idea—you can also connect with seasoned investors or agents specializing in Long Island properties who can offer advice specific to the area.