I think it needed to be that way because of the spacing.

Purchase price: $250,000 Cash invested: $550,000 We purchased a couple of parcels of land, replatted and re-zoned them to construct a small mixed use building with 20 residential lofts and 3 retail commercial spaces.

It looks like you and your family are in a strong financial position and in a good spot to grow into the multifamily space and get some bigger deals! 

Just looking for some feedback on shared space in basements.

Scour different platforms for others in the space you want to break into and bring them value in some way without asking 'how can I help you?'. 

From a space planning side it works.

It also doesn't hurt that despite being in a very tertiary and saturated market, it's hot right now and I'm the only one with space available.I've raised street prices 3-4 times so far this year, and as the cold weather gets here, I will review my current tenant accounts, and start bumping those prices up as well.

I'm currently self-managing with some assistance from a family member that is a property manager.Nitty-gritty info:3466sq/ft 4 unit multifamily property. 2 bed 2 bath2 bed 1 bath x21 bed 1 bathA semi-finished basement that was rented out by the previous owner but was destroyed by that tenant and is currently unusable as a rental space.

Hi allI'm new to the multifamily space and have a bunch of newbie questions to ask:Looking into out of state investing and planning to partner up with someone on the commercial side (5+ doors).

Personally, I expect I will get a lot more hammered in the stock market (which is heavily manipulated, in comparison) in the coming years than in the syndication space, but none of us has a crystal ball.