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25/yrs old 4 plex first deal. Please help analyze.
Hello bigger pockets 😀This is my first multi family purchase. I am 25 years old and have experience in construction. I am a electrician and my brother is a electrician and a plumber. It's is in a area that in borderli...
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Buying a duplex and then personally living in an apartment?
Just starting to learn about REI. I was originally wanting to buy a 3 - 4 unit multi family and live in one unit, while renting out the other 2 - 3. My market is Bradenton/Sarasota FL, and a 3 - 4 unit home runs $500 ...
James Jackson
EV Chargers for short term vacation rental property
I have two short term vacation rentals in a remote location in Virginia and the nearest charging station is about 30 minutes away. Does anyone have any experience in EV chargers and how desireable they are to renters?...
Bobby Shell
Paying down 3 single family loans. Tips...
Should be an easy Q. Currently we have 3 homes:Primary Res: 360k owed at 3.625% interest rateRental One: 196k Owned at 3.375% interest rateRental Two (closing in 30 days): 134k owned, 4.5% interest rateIf we want to p...
John W.
Buying a 17unit with a friend, what to charge for managing it
Hi everyone, I'm buying a 17unit in the Buffalo Niagara NY area with a friend. Rents average about $500 (25% under market value), fully rented as well. I will be managing it as he is out of state and I have 10 years e...
Alan Jones
Lower payment vs greater cash flow? Advice
Looking at finance options on a MF home and struggling with either getting it paid off in 10 years at 3.375% or stretching the loan for 30 at a rate of 4.125%. The difference in the monthly payment is $347 dollars. In...
Jeff Libby
Paying off mortgage early or reinvesting in other ways
I have been wondering what would be a better strategy, making two extra mortgage payments/ year or using that money elsewhere. I'm going to use a basic mortgage calculator for the doing the math on this example.If I h...
Henry Clark
Self Storage- Marketing- Customers 1 mile to ????
Got hot today. Called it a day. All the grass mowed. Weeds sprayed. Think we are past the big springtime push.Was starting to look at taxes for this year. Looking back at 2022, one of our largest line items was ma...
Henley H.
Short Term Rental Cleaning
After offering long term rentals for years, we recently dipped our toe in the short term rental waters.  We have done all the cleaning ourselves when preparing and turning over the home and take care to do as good a j...
Nick Rutkowski
AirBNBing my 5 unit apartment
Does anyone have experience/ could give me their feedback on my idea? I have the opportunity to turn my 5 unit into an AirBNB. I’ve talked to my tax accessor, code enforcer, and village to make sure we comply with zon...