Hello,I am in the beginning stages of purchasing an apartment building, hopefully between 10 and 30 units in Indianapolis(or surrounding areas). I am currently speaking with a couple brokers and analyzing deals. I hav...
Hi All -I'm looking into getting my first investment property (a duplex in St. Louis, MO that I'm going to live on one side), I'm struggling to have deals pencil and I want to make sure it's not my expense load causin...
Hi all,In a bit of a predicament on my first deal. This first one has NOT been easy and we have been under contract for nearly 2 months now, but I am committed to make it work because I think it is a good first deal.I...
Hi,
I got the document for analysis of four unit property which was built in 1900. The following shows the summary of the form 8835 (I believe equivalent of schedule E)
For 2008
Gross Rent 16500
Total expense 20400
...
In the market that I am looking into there are some neighborhoods that appear to cash flow really well. I would describe them as upper lower class areas. A lot of investors in town own rentals in these areas. However,...
I'm a newbie to the investment world and ready to finally get serious about purchasing my first multi family rental property. I lived in South City St. Louis for about 9 years until about 2 years ago, so I know St. L...
Hi all,I am working on my first multifamily deal and would appreciate any advice you can offer. I have experience owning and operating other forms of RE (SFH, Industrial) but have decided I'd like to go the multifamil...
Hey all,I recently came upon an interesting opportunity to purchase an 8000 sq. ft. 20 bed 7 bath retirement home that I plan to turn into 6 apartments. I figure I can get the property for $210,000 plus closing costs...
Hi all, and thank you in advance for the great information that will be provided. I have the opportunity to purchase 7 acres off of a busy highway in NC for a very low price. (Zoned residential) In a perfect world, I ...
Hey everyone, hope I covered the majority of my situation up front...Have an opportunity to purchase a mobile home park in WV that isnt too rural. It has city water and sewer and tenants pay for own electric and cut o...