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...
Let's say I buy a 50 unit apartment complex. My mortgage is fixed. Expenses such as taxes and insurance will likely rise slowly over time. Now if I raise the rent $50 per year on all 50 units (perfect scenario to demo...
I am buying a 4-plex and inherit the old tenants from the previous owner. The rents are below market price and include all the utilities except electricity (Water, Sewer, and Trash are included). The property has one ...
After purchasing the home and forcing appreciation, you hold the property for however many years and then eventually go to refinance to pull money out for your next deal. Let’s say everything went well, you leave with...
Just bought two duplex that are on adjoining lots. Quality of the units also vary.Each unit is a 1/1. Two Buildings. 4 Doors.All numbers are after capex savings, management, etc.Need a strategy to get them all inline ...
Having a hard time finding info on Biden’s tax plan on long term capital gains. I see he’s Proposing basically doubling the rate for the 20% bracket. Does anyone know if his proposal effects the 0 and 15% bracket?
The conservative majority government of NB just instituted rent control in their budget. 3.8% retroactive to January 1, 2022.... So any landlords that have already served notice of increase (I had respectable increas...
Hey everyone! I have a rehab-related question that tI was wondering if someone could provide some clarity on.
I am doing the rehab on my first OOS BRRRR in Kansas City, KS and part of the project consists in convert...
So I recently had a conversation with an appraiser and he basically confirmed what I already have heard regarding ADUs based on research. He said that basically any home that he appraises that has an ADU built on it, ...