We’ve moved on to small multi-family properties.

Focusing more on the multi-family practical system for US markets. 

Just want to understand that if you have a long term rental property, would’nt you buy new (cheaper) appliances and get a multi year (say 5yr) cover?

We’re working on getting our first property, our plan is to buy a multi family.

Its doubtful they will be willing to pay the increased rent (they obviously like the size and price as is).If you are splitting the electrical service, its very, very likely the entire electrical system will need to be brought up to current code. 

., a better long-term approach may be to sell the properties and roll the proceeds into a small multi-family, 10-15 units.

Full disclosure I am not going to be a local investor in NYC but I have been preparing to get into an OOS market for multi-family investing.

Hi BP,So I am looking to get into multi family properties in the pretty near future and I just wanted to get anyone’s 2 cents that owns a commercial multi family property and to see how you started.I have one rental property now that I live in (house hacking) and i am in the process of doing a HELOC on the property.

I am primarily an multi-family, seasoned investor, who has properties in Norwich and Torrington.

We are looking at a 30k SF multi-tenant light industrial property in Arlington.