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7 February 2025 | 6 replies
Quote from @Sasha Mohammed: Fannie/ Freddie does not like multi-family with ADU.
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28 January 2025 | 8 replies
According to the Planning Board, the intent of the RM-2 Zone is to create, maintain, and enhance residential areas characterized by a mix of single family homes, duplexes, townhouses, small multi-unit buildings, and neighborhood businesses where appropriate.I'm assuming by definition I am zoned to convert to a triplex?
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23 January 2025 | 23 replies
Find Brandon's videos on YouTube for the "four square" method of analyzing homes and practice.
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17 January 2025 | 24 replies
Instead of a custodian/administrator, find a facilitator (i.e. a third-party administrator).
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23 January 2025 | 4 replies
Curious why you want to focus on multi-state and not close to home?
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4 February 2025 | 3 replies
this works well if the tenant is a national user or multi unit operator who has built these buildings many times.
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4 February 2025 | 0 replies
Purchase price: $100,000 Cash invested: $35,000 Sale price: $270,000 Hey BiggerPockets Community,I recently updated a multi-family property on a tight budget and significantly increased its value.
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28 January 2025 | 2 replies
You'll likely also reduce your cost of living by moving to a stabilized apartment.Depending on the cashflow and debt paydown, you can use this strategy until you've built enough equity to reinvest.On the other hand, getting into a multi-family after refinancing will also help you build substantial equity to rinse and repeat in the coming years.
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26 January 2025 | 24 replies
If the eviction goes to court, then there is a record of that eviction on their file and it will make it harder for them to find another place to live (assuming the landlord does a background check).Not renewing the lease happens when either party decides they simply don't want to renew the lease.
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24 January 2025 | 2 replies
But here's the thing: communication within the GP team can make or break a deal.When information doesn’t flow smoothly between team members, it can lead to confusion—and even worse, miscommunication with external parties.