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24 September 2018 | 1 reply
View report*This link comes directly from our calculators, based on information input by the member who posted.Hi BP, Nat & Jocelyn here, we have been analyzing deals in our area for the last 2 months, looking mainly at multifamilies.
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28 September 2018 | 5 replies
Although I am a Realtor and have access to the MLS and can see old listings, I have seen that Redfin has been pretty reliable as a #2 option.All in all, you want to compare properties with as many similar features as possible and be aware of the obvious outliers, with the main culprit being size difference (You really don't want to compare a 3000 sq. ft. house with 3 bedrooms to a 900 sq. ft. house with 3 bedrooms).
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6 October 2018 | 9 replies
The main one was that the AC is loud and is right outside the master keeping the tenants up at night.
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25 September 2018 | 2 replies
Central Maine Property Management for sure!!
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17 October 2018 | 8 replies
You’d be saving more money that way than you’d earn in cash flow, and you get all the benefits of owner-occupied property (homestead tax rates, etc).
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25 September 2018 | 1 reply
What would the benefits of seller financing be vs. say an ARM?
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25 September 2018 | 12 replies
Hi Bob,When purchasing apartments/multifamily, there are 10 main reports you want to obtain during the due diligence phase (between contract and close):Financial document auditInternal property condition assessmentMarket surveyLease auditUnit walk reportSite surveyProperty condition assessmentenvironmental site assessmentAppraisalGreen reportMuch more involved than due diligence on a SFR.
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10 October 2018 | 37 replies
Those will give you the biggest tax benefits and capital to lower your monthly expenses.
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30 September 2018 | 8 replies
Still in the process of fixing up the main floor unit from the abuse it took from previous renters.
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26 October 2018 | 7 replies
Any links to a beginner's curriculum of study (e.g. the top couple of books to read, or the main topics you should study before jumping in) on the BP site or elsewhere would be much appreciated.And finally:I would love to connect with folks both in my area and out of area, so let's!