I have been looking at multifamily properties in my area and when I run the numbers with the current rents, buying for a price 10-15% below what it's listed for, and being very conservative (assuming the worst) with m...
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Hello! I’m Eric. I purchased a 6 bed 2 bath with the intention of living there. I started a whole rehab, and plans changed, so it’ll one day become a rental. The problem is, the project is going on year 5. How might I...
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Greetings. I’m interested in purchasing my second three family for house hacking. My offer got accepted at $322k comps are $315k. Rents go for 11-1200 for the 2bed units 900 for the 1 bed unit. See below for house de...
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Hello BP!Im a newbie in real estate in every sense of the word, My agent offered me a deal to rehab a multi family property upstate New York. How do i know if Im overpaying ( i cant find similar comps)? Mainly, how do...
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What are the best ways to try and BRRRR while you have tenants? Can you work to rehab a property if there are current tenants in the units?Thanks for all your advice BP community.
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Hi all, I am really learning a lot from this site! I've bought and sold a half dozen houses to date, all personal residences which turned into rentals on occasion by life circumstances. I'm mainly lurking and learning...
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Hi all,I am going to be investing in my first multi-family house as a buy and hold (will occupy first unit and rent the other unit(s)). My partner and I are looking to purchase in the greater Boston area, so prices ar...
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Are there any hidden fees or things to watch out for when dealing in rental properties. Mean like tips, trick, or fees they don't tell you about ?
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Im interested in buying a duplex and living in one side while renting out the other. I live in Southern California where home prices are much higher so im wondering if there is any formula I should use as to what is ...
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Hey Flippers!
With each flip we do we seem to learn new tricks to save money(and increase profits). I’m just wondering if anyone would be interested in “trading secrets” 😂 here are a couple of mine:
1. Check Be...