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4 April 2018 | 9 replies
Right now my main priority is learning how to analyze a good deal, I’ve spent the last two years watching multi unit apartment buildings come and go on Zillow (in the areas I’m interested in).
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2 April 2018 | 0 replies
I can then find another good deal- used vehicle for below market value, with lower miles, and a bit newer.
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4 April 2018 | 10 replies
Hi Everyone, I'm very new to all of this and need a little bit of advice.I am currently working with a real estate agent that I know personally, I will be her first multi family purchase shes new to real estate but has a mentor at her company that has been doing it for decades and provides a lot of assistance though she isn't available very often so we are sometimes on our own and learning as we go.I have been renting the same place for the past 10 years and the owner is selling so now I have to find another place to live, instead of renting for over 1k/month I decided to purchase a multi family, at first I was looking for duplexes but then came across a 3 unit the asking price is 180k, it is two 3 bedrooms and one 2 bedroom, it has a 2 car attached garage, washer & dryer hookups in each unit, newer heating systems tenants pay all their own utilities except sewer and water which is roughly 2k per year the house also has 3 seperate large storage areas above the garage, and it also has a decent sized back yard. 2 tenants have been there for over a decade in the 3 bedroom units and 1 tenant has been in the 2 bedroom for about 6 months.
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4 April 2018 | 10 replies
I’m just looking for single family or small multi units( which is pretty rare) to start off with.
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3 April 2018 | 2 replies
We own 6 properties together and are looking to grow our portfolio of SF and multi’s.
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8 April 2018 | 8 replies
I’ve been listening to the podcast and I’m really interested in investing in Multi-family properties.
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6 April 2018 | 5 replies
I have a 4 unit apartment bldg that I have had trouble renting 2 of the units. I went a little over board on the rehab and now am asking a bit higher than market for the rent. However with 2 units being rented I am ...
3 April 2018 | 0 replies
I was hoping maybe someone here have previous experience with multi-units construction.
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3 April 2018 | 3 replies
So my expectation is that went a loan comes due, I'll have the funds to pay it off in full, and if I do not or would rather not - I shouldn't have any problems refinancing with the same or alternate lender.Plus, if the property has appriciation during those 10 years or is a 5-Unit (or more) multi-family that has been maintained and managed well (increasing rents), it should be worth far more than owe'd, further making it easy to refi.
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4 April 2018 | 5 replies
I'm a multi family investor in Abq, and would be happy to answer any questions you may have.