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26 January 2025 | 2 replies
We have been able to save up some money for our first turnkey multiple unit building.
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27 January 2025 | 12 replies
Below is some copy & paste info about our methodology:----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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20 January 2025 | 9 replies
I understand I can increase liability in each individual landlord policy, but one single umbrella policy is much more cost effective when I have multiple properties.
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2 February 2025 | 6 replies
If you present the listing well, put it on multiple platforms and are asking a reasonable rent you will get plenty of interest and applications quickly.
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27 January 2025 | 15 replies
The shorter the prepayment term has an impact on increasing the rate.4.
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22 January 2025 | 1 reply
I heard about bigger pockets from a friend of mine that has successfully built and rented multiple properties in our area.
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7 February 2025 | 23 replies
The shorter the prepayment term has an impact on increasing the rate.4.
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3 February 2025 | 3 replies
You'll most likely have to do it multiple times.
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30 January 2025 | 7 replies
There will be multiple markets you can achieve a 7.5% cap rate especially if you're buying with cash.
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25 January 2025 | 5 replies
Each grouping had a common room (perhaps it was shared by multiple groupings ... this was a detail I missed) with a nurses/aid workers office.Central to the two sides of the complex were common facilities such as a dining hall, gym {perhaps a pool ... another detail I missed}, theatre & games room.With one of the fastest growing groups in our society being single people, we are examining a related idea of a complex / building providing a modest-sized 1-bdroom "apartment" with more semi-private and common amenities.When I read the title to your thread, I thought it was a project proposing to mix students and seniors into a single complex ... and came in thinking, this ought to be interesting :-)