Peter Wachira
Massive 118% property value assessment increase
6 January 2025 | 3 replies
Another single family house had two front doors and they assumed it was 2 units, it was not.
Kyle McVay
Looking for Property Management Rec.'s
20 January 2025 | 5 replies
@Kyle McVay I self-managed my first 5 units and then transferred all new units to a PM.
Jerell Edmonds
Spilt utlities or add another meter ??
1 January 2025 | 12 replies
If I divide this bill by four units, each tenant would pay $46.03.
Jason Dubon
Small Multifamily - Maintenance/Expense Project
5 January 2025 | 7 replies
Typically, we see anywhere from $600 to over $1000 per unit (maintenance and turn costs) depending on these factors.
Ryan G.
Investment Property opportunity assistance
6 January 2025 | 5 replies
Here are some of its vitals:- Zestimate: $345K (I know this is typically 10% or so high)- Last Sold: 8/2021 for $281K- Roughly 1400 sqft- Some cosmetic work needed- $25K left on solar loan- The home was build in 2004 and it looks like it has the original AC unit, so I am assuming that needs to be replaced too. - 2 story house with very small rooms and and 2 steps down, imminently as you enter the front door.- Gated community and in a reasonable HOA. - The home is 2 payments behind and already got a letter from the lender about future foreclose.
Sean Michael
Making Sense of San Diego Real Estate (Renting and Investing vs Buying)
5 January 2025 | 12 replies
>I'd look to invest in small multi-family 2-4 units with a larger down payment ~50% or more (only way to produce positive cash flow here at the moment) I never understood why one would want to buy cash flow.
Elvon Bowman
New Investor looking to scale immediately
2 January 2025 | 8 replies
Currently, we are targeting multifamily properties of 100+ units, and have been actively engaging with various owners and brokers, submitting Letters of Intent (LOIs) and working to secure deals.While some may consider our approach bold for new investors, we are confident that, with the right team and expertise, we can succeed in achieving our objectives.I’m excited to be part of this community and look forward to learning from your collective experience.
Amanda Lindsay
Is Rent Redi too good to be true?
19 January 2025 | 13 replies
They are the best property management software there is, but they have a minimum portfolio size of 50 units.
Tori Rhodes
Real Estate Investor who
23 January 2025 | 6 replies
Buy properties with more and more units.- Can also try to do seller financing, but much harder to find.
Jennifer McCurrach
Need a PM in Cincinnati
2 January 2025 | 6 replies
One has tons of fees, such as a $30 technology fee per unit, per year.