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At the end of August I purchased an 1100sqft duplex. 1 bed 1 bath each side. $140,000 purchase price. 5% down. After credit for repairs it cost me 4k out of pocket. I inherited a tenant with a lease until July he pays...
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Okay here is the situation. I know someone personally that wants to sell their 12 unit building. I am really grateful he is offering me a chance to buy it (especially, while it is not even on the market right now)....
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Need a bit of help as I’m approaching decision paralysis - I’m looking for recommended cities to invest in for STR. Trick is im planning to manage everything remote and/or use a management company. I was looking in Sc...
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Hi BP,We are new to property management. We took the leap last February and purchased our first duplex. There are two one bedroom apartments. The downstairs tenant is an elderly lady. Per the previous owner, the ten...
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Hi guys
I am looking to purchase my first Multifamily this would be a first deal in real estate
I found with my broker a property I am thinking maybe a good deal but I would like your thoughts on it .
4 unit Mul...
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Hey Everyone,
I am looking at a current deal in Belleville, Illinois.
4 Unit multifamily complex.
Rent #1 is $550 for a long time tenant, now is on month to month lease.
Rent #2 is $500; lease ends July of 201...
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Hi,
I am interested in a 4-plex that is right across the street from one of my other rentals and in a very good rental area. Here are the numbers:
Purchase price: $340K
Downpayment: 20% (68K)
Monthly mortgage payme...
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Hello BP! My aunt is wanting me to buy her SFR because she no longer wants to "deal with tenants". She doesn't want any interest from me and basically just wants me to take over her loan. She currently has the basemen...
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Hello all!Im looking to get into multifamily investing whenever one comes along that seems to work. I'm looking for a little assistance in what to look for in a few deals. I happened to find an 8 unit for sale that is...
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I purchased a 2 unit duplex (2 bed, 1 bath each) last October. Previous to my purchase/upgrades, rents were $650/$750 split top and bottom including utilities, they are now $905/(N/A). Completed many renovations in th...