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Hi all! A multi-unit property was purchased for $140k. The estimated value now (roughly) is $200K. Couple is divorcing, husband wants to keep the property; wants ex-wife's name off of property/loan. What is the bes...
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I have started interviewing GCs for the property I plan to rehab. I have prepared a detailed scope of work and every time I meet with a new GC I explain what I need to get done and I give SOW to them. Then we discu...
In all fairness, I know this won't be a popular topic, and I'm going to post up and wait for replies rather than facilitate the discussion....so here goes....I've seen a lot of advertisements, I've received a few offe...
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Hi Guys,
I am a new member here at BP, and after browsing through your fantastic forums, have decided to sign up myself in order to participate more actively. I'm a Canadian looking to educate myself and hunt down go...
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So I'm starting to put together a fairly simple P&L in excel for the house hack I just acquired. I'll eventually move over to a more complex accounting software such as quickbooks down the line, buy I want to wait...
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Hello,My name is Matt Roach and I am a multifamily broker based out of Phoenix, Arizona. I recently joined this site to provide feedback and unbiased knowledge specific towards multifamily properties.I have been in co...
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Hey,
I was wondering how everyone built their syndication teams when they were first getting into buying apartments? Where did you find/meet them, how did you present the opportunity to them and were they people that...
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I am looking to buy and occupy a duplex in my area while renting out the other unit in the house. Most of the duplexes in my area are over 100 years old. Is there any advice or rules of thumb for homes of this age. So...
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I'm a new house hacker here. What paperwork should I keep a paper trail of to make things like taxes and other situations better/easier for myself? Like should I have a folder on my laptop for the tenant and keep a co...
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Hello everyone. I am interesting in buying a "seasonal home" in upstate NY. The area turns the water off in the winter which is why they call it seasonal. I am interested in buying the home and turning it into an all ...