In the market for a small apartment building. One million purchase price. Let’s say hypothetically 15 units. What does each unit need to rent for to make it a good deal? Your thoughts?
Since I am a newbie, I need to ask a question about two vacant fourplexes on one property. I think I read on BP that a four plex could be financed under conventional financing but five or more units are considered ...
So I just posted my first article for the BiggerPockets blog. After hitting what I'd call a Grand Slam flip that produced a net profit of over $800,000, and at the risk of sounding boastful or as a braggart, I was co...
There is a property on one lot that has two separate homes on it. A local lender said they could only appraise it based on one of the homes. Has anyone run into this problem before and have any suggestions?
Hello my Name is Joshua Swift I'm just starting out. I have my first home me and my business partner have found a off market deal two houses on one deed when we pay for the property we would like to subdivide the two ...
I'm new to this and inventory is tight, so I wanted to understand what happens when you purchase 2 homes on one lot. Is there a downside to this? Is it difficult to sell later on? What about if I wanted to split the l...
I bought my first fourplex in Phoenix AZ through FHA and I'm fixing and updating two units cosmetically before I move in so I can move in before the 60 days period, the other two units are being rented until the ceili...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Placerville.
Purchase price: $749,000
Cash invested: $150,000
House Hack
Main home has over 2300 sq. ft. 3/3 on upper leve...
Hello I'm looking to buy my first investment property and I'm wondering how important it is to focus on 1 area. My job won't allow a lot of hands on property management so I intend on hiring a property management comp...
Ever since I joined BP I have immersed myself in information to the point where I find mysef talking about real estate constantly with my friends and coworkers. I convinced a friend of mine that buying his own house w...