Hello, I am looking at 2 properties, one 2 unit property that I have put in an offer of about 120k that can generate positive cashflow of $600 per month and another which is a 6 unit property where I have put in an offer of 350k that can generate $2000 cashflow.I have a bank ready to lend a mortgage at 7% for the 2 unit property.

pid=2061Houston Real Estate Highlights in February, 2024;-Single-family home sales rose 7.6 percent year-over-year, the third increase in the past year;-Days on Market (DOM) for single-family homes went from 64 to 57 days;-Total property sales rose 7.0 percent with 7,541 units sold;-Total dollar volume was up 11.8 percent to $2.9 billion;-The single-family median price rose 3.0 percent to $329,686;-The single-family average price rose 4.1 percent to $400,252; -Single-family home months of inventory registered a 3.4-months supply, up from 2.5 months a year earlier;-Townhome/condominium sales continue to decline, falling 8.1 percent, with the median price up 8.9 percent to $237,500 and the average price up 5.5 percent to $258,587.

Hello there guys I have a six-unit multifamily building in St Louis where I am trying to do a mix of long term rentals and mid term rentals.

The community, podcasts and most importantly the book Rental Property Investing by Brandon Turner helped me a lot in these past few months.Renters3 out of 4 units are rented.

Maybe you have already accounted for some of this nuance with your percentages, but I see too many on these forums underwriting every deal the same, which simply isn't how it works in the real world, especially if you only have say 1 to a 100 units, where each expense has a bigger impact on the overall portfolio.

It could be purchasing a SFH and renting out rooms or purchasing a 2-4 unit property, living in one unit, and renting out the rest.

We have a NO SMOKING (of anything) inside the unit.  

I got a six unit multifamily building that I am trying to get a mix of long term rentals and mid term rentals but I am struggling to find a company to manage the mid term units.

I'm debating buying a 3 unit where the existing tenant in the top unit clearly smokes in the unit (cigarette in ash tray in listing photo).

Considering a FHA 203k on a 4 unit.