Jeff Bridges
What should I offer on this off-market multi-family lead?
I have an off-market lead on a mixed multi-family property in Harrisburg, PA. Unit has 5 residential units and a retail beauty salon. Owner self manages and wants to retire and move out of the area. Owner is asking fo...
Rachelle Malkoff
Assessing Rental Income Tax For Potential Purchase
My husband and I are looking at some rental property options in the Boston area and using Net Operating Income (NOI) to assess if the properties would cash-flow based off of downpayment, mortgage rate, rent rate, main...
N/A N/A
Whats the typical calculation for rental propety ?
Hi,
When talking about expenses for rental property, is it typically half of your gross rents are your expenses ?
Thanks
Jun Zao
What is the estimated monthly cost of a 7-unit apartment building
I am currently looking into a 7-unit apartment building on RedFin.Location: Chicago IL, North Lawndale, low income, high crime neighborhood.Asking price: 450,000Total monthly rent income: 7162Well maintained (so claim...
Edouard Pierre
Good BRRRR deal? Chicago 2-Flat with room for improvement!
Hello all, I'm looking to purchase my first personal BRRRR deal in Chicago and I'm a real estate agent. Here are the specifics:Property Type: 2-flat sold via HUD. (First Floor: 2bd/1bath & Second Floor: 3bd/1bath)...
Corey Stibbe
High cash flow duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $60,000
Cash invested: $9,000
Duplex purchase,low cash investment, high cash flow
What made you in...
Brandon Schlichter
What is your return expectation on rental repairs?
Outside of your initial rehab if the property needs work , how much do you budget on a monthly basis for rehab?
Also , I'm curious as to what most investors are looking at for gross yearly income based on purchase pr...
Brian Tsang
Condo and rental property vs. multifamily property
Hi All,
I am a new investor and have some money saved up that I like to deploy in real estate. I am currently renting and some friends suggest me to start off buying a multifamily property because 1) you get to use t...
Elijah Crew
Rental Property ROI Question
So I am currently reading the BRRRR book, and learning more into detail how to do these types of deals. I was wondering what a good ROI would be a rental property? What percent should I be looking for to make back in ...
Marty Sheehan
House Hacking in Norfolk, Virginia
Investment Info:
Single-family residence buy & hold investment in Norfolk.
Purchase price: $300,000
Cash invested: $2,300
Used a VA loan to acquire a rental property close to military bases and t...