I've been looking at some small multi family homes on the MLS in Chicago and it seems like a lot of the rents on there are below market. I assume that the rents are placed by the seller's agent and are accurate. So I ...
This will be my first rental property purchase. Looking to increase rents, and renovate/fill 1 space that's been vacant for 1 year. Factoring 5% for each of cap ex/maintenance/vacancy. We have an in house team in pla...
Hi guys,I am closing on a 4-unit multi-family on July 11th with 3 existing tenants with written lease agreements. All of their leases expire at the end of July. How many days' notice am I required to give them to le...
We are planning to do a cash out refinance soon on our SFH at 80% LTV to get as much cash out as possible to invest in our first rental investment property. We have a 4BR 2B, 1800 sqft home in Waltham, MA, and conside...
I will be closing on three duplexes on February 1. I have been out of the investment property game for about 15 years. Five out of the six units are below market rents by greater than 10%. I cash flow as the rents ...
Hello all,
Thanks for taking the time.
My wife and I moved into our primary house in Kansas City, MO, in March of 2019. We then had the opportunity in October 2019 to refi our rate down from 4.5% to 3.5% - which we...
I want the community to check my analysis on a property I think I may put in an offer.
It's a 4 plex in Paradise Valley Village neighborhood in Phoenix Arizona. It has 3 two bedrooms and 1 three bedroom in an apartme...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $70,000
Cash invested: $6,000
We purchased this property as our primary residence. When we moved out of this proper...
I finally pulled the trigger and bough my first house in west chester pa. It's a duplex with a 3/1 on the second and third floor and a 1/1 on the first floor I plan on living in. The house is in very good conditi...
Closing on my first multifamily next week and plan to ultimately increase rents to market rates as they are well below right now. All units are occupied and all are on month to month terms. There are a few tenants t...