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Like so many others, I have been looking for small multi-families over the last year. I have browsed through hundreds of properties and run the numbers on dozens. They were either too expensive or located in a challen...
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I’ve been doing a lot of reading and research about how to get your first multi unit property, and I’ve been hearing different strategies as to acquiring your first deal. Mainly if you don’t have the down payment for ...
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Hi - I have one rental property. It is a townhouse that shares walls with three other units. The neighbor just placed a note on my renter's door stating that they are starting termite treatment on a shared wall. My re...
Does anyone have any water/sewer/trash numbers to share for apartment buildings/complexes in Boise, Idaho? I'm getting the numbers from the water/sewer/trash people, but since the cost is usage dependent, I would also...
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Hey guys!We were just presented a contract from Spectrum for an exclusive contract for our 56 unit complex in Fayetteville. Wondering if this offer is competitive to what you've seen in the market, particularly with t...
Hi, Can anyone recommend where I can find what the averge conatruction costs to build an apartment complex for a given area?
why does it seem easier to get lending with a perfect FICO on commercial property in todays market than it is on a SFR? What are the tricks of this trade and how can I use my perfect score in order to achieve financin...
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We finally closed today on our first multi-family apartment complex! Seems like such a long road after making the decision to transition out of SFH last Fall and selling off our portfolio in the Spring. I ramped up my...
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I really don't want to spend the 250.00 a month to access Loopnet. Does anyone have any other suggestions? I've looked for state specific sites. I may honestly just have to pony up.
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Investment Info:
Multifamily 8 unit
Purchase price: $233,900
Cash invested: $0
Two triplexes and a duplex
What made you interested in investing in this type of deal?
I am growing my portfolio for retirement inco...