I personally do not like portfolio type deals because investors tend to over value the assets based on a cap rate, when the reality is that single families and small multis should be sold based on comps. 

My main REI goal is to build a profolio of multi family properties.

The fact is my single family rentals cost me more per unit to manage than a multi.

My thought now is to possibly recoup the funds, I close on an additional deal this coming Friday that will have similar numbers, and attempt to find a proper BRRR multi family before years end. 

Looking for likeminded individuals military or non military who enjoy discussing ideas and investments and wanting to get to network with like minded people in multi-family near the Houston, Pensacola, Mobile areas.

Looking for likeminded individuals military or non military who enjoy discussing ideas and investments and wanting to get to network with like minded people in multi-family near the Houston, Pensacola, Mobile areas.

I was looking to invest in the city of Long Beach, but houses are around $550k each for multi family duplexes.

If my math is correct,1250 revenue(333) mortgage interest(630) depreciation---------------------------287 <--- what you're calling taxable incomeWhere is the insurance expense, the property taxes, management fees, repairs/maintenance, advertising, etc? 

Hi,My name is Sean Buchner I currently attend the University at Buffalo pursuing my bachelors degree in civil engineering.

. $100 per unit for multi family and $200 for single family.