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14 January 2025 | 9 replies
While you may always have a skip, early termination, or eviction, spreading out the lease-end dates can help avoid having all units vacant at once.
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17 February 2025 | 13 replies
And thats why those units are still seeing reasonable growth even after covid.
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11 February 2025 | 13 replies
If you offer incentives to fill units will they fill the units with subpar tenants?
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13 February 2025 | 3 replies
Multifamily properties (2-4 units) can be a great way to build your portfolio while minimizing risk—especially with FHA or conventional low-down-payment options.Also, networking is huge.
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14 January 2025 | 7 replies
Then we keep the accounting straight via Quickbooks with each unit a different Class.
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2 January 2025 | 2 replies
We Normally put steel posts nearby so no one runs into them.In the third picture one unit is just in front of the picture, then a second unit is at the far end on a post.These can be set off by deep fog, rain or sleet.
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12 February 2025 | 9 replies
From my observations of successful investors (those with 100+ units and 20+ years in the game), there seem to be two camps: those who are pro-partnership and those who avoid them.
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2 February 2025 | 1 reply
TERMS- Deal Type: Seller Finance- List Price: $580,000- Purchase Price: $780,000- Seller Carryback: $693,000- Total Entry: $100,000 Breakdown: Assignment: $13,000 Down: $87,000- PITI: $2,657 Breakdown: Principal & Interest:: $2,000 Taxes: $464Insurance: $193- Rent: $5,250 ($750-800 per unit)- Amortization Years: 28.88- Interest rate: 0%- HOA: NONE- Balloon: NONE- EMD: $5,500- COE: Feb 12, 2025- Occupancy: Occupied, Occupants staying post closing- Title company: PROPERTY DETAILS:MULIT-FAMILY7 Units - 2B/1B per unit- Living sqft: 5,200- Year Built: 1940- Age of Roof: 1- Age of HVAC: New- Age of Water heater: New- Condition of Electrical: Good working condition- Condition of Plumbing: Good working condition
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10 February 2025 | 2 replies
We manage 300+ units, I've flipped over 75+ houses in the past 3 years, and I currently own 28 long term rentals.
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18 February 2025 | 8 replies
In the 65 units we manage we have both.