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16 March 2024 | 5 replies
I guess I replace the units 90% of the time.
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15 March 2024 | 10 replies
I worked hard in the professional world and earned my first pot of gold.
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17 March 2024 | 14 replies
With two units available, if one remains vacant, the rental income from the other unit can help cover your mortgage costs.
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16 March 2024 | 5 replies
Hi All,I was able to find a seller that is looking to offload a whole portfolio in the Cincinnati area of multi family buildings (80 doors in total, 8 buildings from triplex to 25 units) it's all off market and all units look to be in good condition but dated (baths/kitchen) so great value add properties.I have NO experience with commercial buildings or Syndication of this proportions , he wants $7.5M for the whole portfolio.
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16 March 2024 | 9 replies
Each unit is 2br 1ba and we had one unit rented at $950/mo on 12 month lease.
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17 March 2024 | 24 replies
When they ask 'how did you get so many units?'
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15 March 2024 | 3 replies
Feedback is like gold dust, essential for sculpting the future of proptech software.
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16 March 2024 | 2 replies
So I have a flex space in one of the units of my duplex that can easily be turned into a 3rd bedroom.
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16 March 2024 | 5 replies
My last two clients closed on houses that became 8 bedrooms rent by room house hacks that cash flow, so it is possible in this market.2) Multifamily - Purchase a 2-4 unit property with 5% down conventional loan, and live in one unit and rent out the others.
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16 March 2024 | 13 replies
Yes indeed mate.I probably would have fixed the rate also but "underwritten" the deal from a worst case rate scenario like I would do with SFH if financing.I'm not versed in large multifamily deals and would love to learn more.I think I could really do some "damage" in the field because I own and run a property management company and we run a tight ship that's very well optimized from an automation aspect and affiliate fee structure standpoint.So my bottom line for example buying a 50 or 100 unit would be much safer/higher due to in-house PM and "working" the margin.