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I've found a small mobile home park that may be of interest to me assuming the numbers work out correctly. This would be my first real estate investment. It is a 9 pad park and includes 7 homes in the purchase price. ...
I have purchased a 4plex in San Diego a couple years ago. It is currently barely cash flowing, but the rents with the current tenants that came with the property are so below the market value. I have been raising the ...
I'm looking to purchase an 18-unit apartment building. I am trying to find ways to reduce my gas bill. Can I split the gas lines and have my tenants pay it? How would this procedure work and would I really need a boil...
We have a multi family rental unit which uses oil for home/water heating.Our tenants are responsible for purchasing their own heating oil.We are trying to figure out a way to determine when/if our tenant is running ou...
Almost everything I've heard on master-metered properties (Landlord pays electric) is negative. Typically, it's an older property with lower income tenants. The electric bill is the landlord's biggest expense. Sinc...
For those of you investing in Baltimore County Maryland--and especially with multi-units--how do you handle the water bills?-Do you pay it yourself and "include" it in the rent?-Do you have a method of determining whi...
When it comes to returns on investment for coastal short term rentals or vacation homes, a prime characteristic can be proximity to the beach or an oceanview. Having helped several clients obtain oceanview properties ...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Chattanooga.
Purchase price: $4,120,000
Cash invested: $50,000
Sale price: $6,850,000
Multi-Family investment funded wi...