I wanted to share my first yellow letter potential deal and get feedback from you guys on this scenario...I received a call in regards to a yellow letter I sent about 3 months ago, the caller is a close friend of the ...
I been in buy and hold for a while in Massachusetts. Commercial multi-family is mostly what I have done. I was researching with the idea of whether to go into new construction instead of purchasing existing buildings....
I’m usually very decisive but I’m currently in a quandary. I’m considering 2 multis. A 3 unit and a 4 unit. Both gross $3100 per month. The 3 unit cash flows $675 a month and is on town water and sewer but is in a les...
Morning,
I've got a question with regards to equity in rental properties. Would one be better off to pay a rental unit off with the income he/she receives from it or reinvest in another rental? It seems to me...
I am in kind of a pickle with my current situation when in comes to REI. My current plan is to purchase a multi-unit property in Key West, Fl (Current market prices are 625k+ for viable choices in the area) and house ...
Hello BP!Not making this a starting out post since I already "Started Out" a few years ago, but now that I'm in a better spot financially I'm back here and looking to purchase a house hack in the near future and would...
I'm looking at a property with 6 rental units, however, there are another 4 possible units to be created in the building. I used the BRRRR calculator, but I'm still not sure how to fully evaluate the deal. Ideally, I'...
Hi all,I want to add a unit in the garage of my duplex. My question is, how can I reduce the space the utilities take up, in particular the HVAC? The water heaters I can eliminate via tankless systems, but not sure wh...
I have been researching 3 and 4 unit properties in my area, and it seems like the prices are all a little bit high. I suddenly discovered that 5-6 unit properties are better deals than the 3 and 4 unit properties. Can...
Anyone investing in small multi family in Chicago? I’m curious what your CoCROI is…I keep analyzing deals with very low CoCROI. Is this common in the Chicago market or markets with high property tax?