Jon K.
It's okay to enforce a late fee
17 February 2024 | 5 replies
Suppose you have 2 units and give one no late fee and the other one you did.That could cause a problem in fair housing court.
Ahmed Alswaiti
Surge in Demand and Rising Home Values in Ohio
19 February 2024 | 12 replies
Well, IMO it just can't compare to some other fast moving markets like Texas and Florida for example and should be considered as a strict cashflow play.Columbus, Cincinatti and Cleveland move quicker with higher demand and more infrastructure also IMO.With said, Toledo's growth the last few years has been whopping and as @Ahmed Alswaiti mentioned is predicted to grow even further this year.Not a fan of predictions and I always advise looking at the numbers in the deal TODAY and if they make sense.Any appreciation is just the cherry on top IMO.Still buying sub $100,000 properties that easily exceed the 1% rule here.Not sure of many markets that can take claim to the same.Just negotiating on a 6 unit in Point Place (Toledo folks will know the area well) for $160,000.100% occupied.Needs around $50,000 in rehab or so.Optimize rents to $4,500+ per month and ARV should be $350,000 - $400,000.Get 4-5 of those and pina coladas in the Bahamas 😁Find me another market with such deals and I'll be there hehe
Sarah Moore
Not sure how to assess commercial unit need
15 February 2024 | 9 replies
We're considering 4 commercial properties in our area. These include multiple office and retail spaces. I'm good with the underwriting, and know that the numbers would work. The only hesitation I have is that I am not...
Jerryll Noorden
You All Are Asking The Wrong Questions On Wholesaling!!
18 February 2024 | 21 replies
It's a good time to sharpen the axe, in my home market of metro San Diego, so far this month. 17 LLC's have completed the purchase of a residential real estate property (SFR, Condo, 4 units and under).
David B.
Buy and hold triplex in North Dakota
16 February 2024 | 1 reply
Investment Info:Small multi-family (2-4 units) buy & hold investment.
Caleb Rehg
Tenant Move-In Package
17 February 2024 | 3 replies
I assume you're not using software yet with one unit so you won't have a portal they can log into for requests, communication, etc.Text and email address for repairs, questions or concerns.
Amer Swid
Need advice on inspection report. Knobb and tube and others
17 February 2024 | 11 replies
Just never put two units on one chimney flue. changing out a furnace or boiler can change a lot depending on what you want for a system and how good you want.
Erik Reis
First House Hack - What would you do if you were me?
16 February 2024 | 8 replies
I currently am looking to purchase my first 3 family in which I would live in one of the units.
Brett Dudley
Short term rental loophole then long term rental in the future
17 February 2024 | 9 replies
@Nate Meeker can a commercial multifamily (8+ units) complex qualify for the STR loophole (assuming all units are rented for less than 7 days, etc.)?
Ian Stromski
Finally Ready to start!
16 February 2024 | 6 replies
I'd like this to be a 2, 3, or 4 unit househack.