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17 January 2025 | 1 reply
My suggestion is to find some real estate industry surveys (via CBRE or others) and look for the MF cap rates in various cities/states/regions.
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3 February 2025 | 15 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
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7 February 2025 | 15 replies
But all of the A/B class areas or rapidly growing cities do not have much at all, and when they hit they get bid up.
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3 January 2025 | 2 replies
My family's 3 unit prewar building in Brooklyn recently had plumbing issues and I'm debating renovating each of the bathrooms. The bathrooms are very narrow so I was wondering if there's a requirement to have a bathtu...
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21 January 2025 | 5 replies
While 2/2s are better 3/1 are more desirable because of the heavy section market in the city.
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15 January 2025 | 5 replies
I wouldn't consider it a heavy negative unless the street is super tight and parking is hard to come by or if the street is very steep/busy.The more desirable dense city neighborhoods it's almost kind of expected and off street parking would be considered a luxury rather than a necessity.If you get out into the suburbs I would say it's more of a big deal since more rentals have off street parking or a garage there.
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29 January 2025 | 59 replies
I live in Kansas City, MO, but have family in the Upstate SC and in Charleston.
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15 January 2025 | 5 replies
I learned about the city over time and began my out-of-state investing journey.Whatever market you choose, be sure to nail down your buy box.
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28 January 2025 | 11 replies
And neither will City of Rockville.
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15 January 2025 | 10 replies
If you need some connections, I run the most active group of small landlords in the city and have a network of connections that you could potentially leverage.