Dear Bigger Pocket community,I am evaluating a few properties in East Valley Arizona. Multi family inventory is low here for my budget so I am starting to look at SFH. Many of the SFHs in the area come with a pool. No...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Fort Dodge.
Purchase price: $66,000
Cash invested: $14,000
This 4-plex was fully rented when purchased. It has some mainte...
I am looking to switch from SFH to multi family and don’t understand cap rates
Do you want a higher or lower cap rate? And how are cap rates typically used in the multi family side of underwriting
Thanks
A legacy low income tenant who was in the building when I bought it 9 years ago is in the hospital. It makes me think about what to do about his horror show live in girlfriend if he died. She's simply, and clinically,...
I have been on my job for close to 6 years now and still only make $1400.00 a month, that is total. The owner deducts from this pay $600.00 for rent every month. So in actuality I make only $800.00 a month for 34 unit...
Two triplexes. 2/1 with storage and w/d hook ups. New roofs, new AC's, new windows, New tile flooring in all units. Property is in great shape. Current rents are mixed totaling 3500. With in a year i can take rents to...
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*This link comes directly from our calculators, based on information input by the member who posted.In addition to your advice on how I did, this will also be my first rehab and I welcome all tips and adv...
I purchased a SFH for $30k cash in June. I put $20k in repairs into it. I have a tenant moving in August 1st at $895/mo. It's an 800 ft2 2/1. My property taxes for this year are $3000 but are going do...
Looking to buy my first house hack. Interested in multifamily what advice would yall give for a first time home buyer?
Hello everyone!As you all know, the landscape within software used for property management is robust. What software have you found to be most useful, and what tools do you recommend for managing multiple residential p...