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9 July 2019 | 6 replies
I am looking to get into 6-12 units and I find Leominster ( or Worcester ) generally financially attractive.I don’t, however, have any experience in that market in terms of rental outlooks, neighborhoods, Vacancies, help, management companies, snow removals etc..I have looked at many More affordable areas including Lynn, Lowell, City of Worcester - but I find myself somehow pulled towards Leominster.
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26 November 2018 | 5 replies
Tenants receiving letter from "XYZ Properties LLC" rather than 123 Main Street LLC.
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15 July 2019 | 6 replies
some cities/states offer down payment assistance programs.
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19 November 2018 | 14 replies
The main risk is that the city might make you demolish the improvements.
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21 November 2018 | 9 replies
In my opinion this sounds like a substantial investment, and there are plenty of solid multi-family renters in the following markets:DearbornDearborn Heights Melvindale Westland& other cities immediately North, East, or West, of Detroit You're spot on about renters paying less for a duplex over a SFH but as you progress in the multi-family market you'll notice the differences aren't much if you choose the right property, construction finishes/overhead, tenant screening processes.
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17 November 2018 | 0 replies
Any advice on CITIES for buying multifamily building for buy and hold purpose?
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24 November 2018 | 6 replies
I see people post no deals , all deals are dried up, too much competition not like people know all the houses in all cities/neighborhoods in their state.
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19 November 2018 | 11 replies
A flipper friend of mine bought a 3 family near long island city for 800k in 2015, it is now worth 2 million.
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23 November 2018 | 4 replies
Lender - has to be licenced to lend in the state where the property is located in - You will likely get better customer service/lower fees if you go to a small lender in the area where the property is located in.Attorney - Each state/cities' law's are different.
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18 November 2018 | 6 replies
Its in a rural town, good location, pads, streets in place, electric run.