Lincoln Waite
Paying utilities on a Multi-Family and it's eating all of my cash flow. (Iowa)
New investor here. My first property was a multi-family in Iowa. I got it for dirt cheap, and now I see why. The former owner (LLC) was rather lacking on upkeep of the units. And now after a year, the utilities are ea...
Paul Staszel
Should I buy a multifamily built in 1872?
Currently looking for a multifamily building to buy. One came up in an area I want to live however the only thing holding me back is the year it was build... 1872!!! Should I stay away?
Joe Austin
Potential 5 year Seller finance deal
2 Family Building RentMortgageOther ExpNet Profit 1st Floor - Taxes 1,124 2nd Floor - Insurance 292 3rd Floor 1,500 Heat - 4th Floor 1,550 Water&Sewer 150 5th Floor 2,800 Electric 100 S...
Account Closed
Multi-Family/Commercial Building Deal! Need input!
Hey all! Check out this deal I came across and let me know your thoughts on it! I did this at the assumption I would be purchasing the asking price!Info: 3-1 bedrooms, 1-2 bedroom, and a commercial spaceRents: I assum...
Amy Maldonado
How do I get tenants to pay for my mortgage and utilities ?
I live in a one family house. I live in the basement; 2bd 2bath. My mom use to live upstairs. My mom moved to florida so there is a 3 bd 1 bath vacant for the past 6 yrs. Ive been thinking of renting it for a while...
Shyam Panchal
Found Some Problems Post Inspection - Need Advice ASAP! (Texas)
I am currently under contract for an SFR in Texas. The house was recently remodelled but after the inspection, there were some issues found. Although the cosmetic finishes look quite good, there are some fundamental...
Sam Mathew
Your Thoughts...Flip? Rent? House Hack? Other ideas??
I'm typically a traditional (aka old-fashioned) 'Buy and Hold' or 'Flip' investor. It has worked well. BRRRR method, buy in cash and then cash out with Conventional or Private loan.Would like to get BP member though...
Sipo Thao
8 Plex - About to put an offer in and wanting a 2nd opinion
Its going to be my first investment just to get my feet wet. From the looks of it, its a great investment and i had run the numbers on my calculator, the cap was about 12.8%. The neighbor hood is great, about 2 bloc...
Tyler Sample
Cash on Cash ROI on RV spots?
Hello Everyone, Can anyone out there give me insight or an example of cash on cash ROI on a RV or Camper rental lot they own? Are the percentages vastly different than a rental home or multifamily home? Thanks
Rhonda Burke
First time SF buy and hold
Investment Info:
Single-family residence buy & hold investment in De Ruyter.
Purchase price: $55,000
Cash invested: $22,000
2bd 1ba, SF rental.
What made you interested in investing in t...