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27 March 2024 | 10 replies
We were thinking about going FHA for the multi-unit.
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28 March 2024 | 9 replies
I also find that most Section 8 tenants stay longer in the unit, which is a plus for landlords.
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25 March 2024 | 3 replies
Investment Info:Large multi-family (5+ units) buy & hold investment.
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28 March 2024 | 0 replies
Investment Info:Small multi-family (2-4 units) buy & hold investment.
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28 March 2024 | 7 replies
This entails locating appropriate properties, assessing them, putting in an offer, carrying out due diligence, closing on the property, relocating and leasing it out, and maintaining the property.Start by looking for duplexes or multi-unit buildings in your desired neighborhood that are occupied by renters.
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28 March 2024 | 11 replies
Even though they were no longer my tenant every time the update the bankruptcy I would get notice from bankruptcy court that my tenant still have the right to stay in the unit as continuance kept happing even though they had not live there any more for months.
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28 March 2024 | 13 replies
@Danny Sanchez most downpayment assistance programs won't provide assistance on a 2-4 unit property.
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28 March 2024 | 0 replies
Because the commissions in property management are so low agents only help us fill about 0% - 5% of our units, we fill the other 95% - 100%.
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28 March 2024 | 10 replies
Regarding the leases, do it like you would any other student rental: Kids for each unit and parental cosigners sign the lease and are responsible.
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27 March 2024 | 1 reply
Duplex in West Adams area.Asking $830000Spanish style house on a nice street with similar houses, mixed single family and duplexes.2 units total, 2b/1b and 1b/1bAbout 1600 sq feet totalI think 2 bedroom could be rented for at lest about $2500 and 1 bedroom for around $1800-2000.I will live in one of them though.Also has a 2 car garage which can be converted into ADU.Has parking plus street parking.Both units need reno.Considering that all units need renovations and I will live in one unit and rent the other and that at some point I will convert garage into ADU.