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7 June 2024 | 10 replies
The capex is 3% and ROI is bad even with the appreciation.I keep looking but best places now to invest in plexs is Fort Worth and Arlington, there is a lot and with good returns.I am currently working with a group of investors to close a couple of duplexs, one in Arlington and another one in Fort Worth.
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6 June 2024 | 18 replies
If I were to do it again (and I might), I would focus on a property that can be bought more cheaply due to needing rehab, and potentially up to a four-plex.
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7 June 2024 | 69 replies
I own a 4 Plex that I rent out, arbitrage an apartment unit, and run 7 other units for friends and family.
6 June 2024 | 11 replies
Also, if eventually you get into that house hack, and elect to self managing a duplex, triplex or 4-plex that you own/live in, you will by default learn about property management skills and no license is required to manage the property you own.To answer your specific question, yes - you can become an employee of a property management company to learn about property management and I highly recommend it!
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5 June 2024 | 6 replies
I found an 8 plex with a good CoC return, and a decent price.
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5 June 2024 | 3 replies
Above 5+ units is possible but more challenging and rates are where you would expect them..50-65%LTV will be common for higher plex units, a common workarounds is if they have a US based family member or business partner with an LLC..Some investors or lenders have specific countries of origin that are restricted or even prohibited, check with your mortgage professional.
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4 June 2024 | 4 replies
Hi All, am looking to connect with likeminded people to help me close on my first property before end of the year
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4 June 2024 | 0 replies
Hello all,I need an insurance quote for my 4-plex rental property in Mountain Home ID.
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3 June 2024 | 9 replies
I am looking 4-plex mainly but I can duplex’s too in Dallas and it’s subrb.
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4 June 2024 | 4 replies
You'll probably find better deals looking for 4 plexes.