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...
Mindy Perry
minimize rent loss while renovating a multifamily building
Hi everyone, I just bought a 6 unit multifamily building in Somerville Massachusetts area (close to Harvard University). I am planning to redo all the bathrooms and kitchens for all units. This is an expensive area an...
Frank S.
Construction Cost Estimates in Chicago
Hi BPs, I'm looking for feedback, please. This is for a property I saw a few weeks ago, I'm trying to check my guesstimates.What would the approximate cost be to replace an entire flat roof in Chicago? Assume a typi...
Mike Hege
New Construction Multi-family in NC
I have older multi-family units that need consistent repairs / reserves for future repairs. I'm looking to build small multi-family (duplexes) in the general Charlotte NC area. Land basis $25K or less. Constructio...
Meghan McCallum
I would LOVE an experienced investor's opinion
Hello BP,I was presented an offer today that I walked into without warning. While introducing myself to some local commercial real estate agents I mentioned to the oldest member that I was really interested in an oppo...
Andrew Lawrence
Out of state investing Property Manager question
For example, say you owned a MFP with many units or an out of state property that you can't or don't check on too frequently and the property manager says there's a vacant unit that they're working on filling but they...
Mke Wilburn
Burn Flip
Ok, here's my question to y'all, any and all feed back is appreciated.I am looking to flip a house that has burned. The fire wasn't terrible but it is going to require removing and replacing about 25% of the roof plus...
Alexis Zion
How do I deduct, in this year, a Heating Systems for my 8 unit building
Hi AllMy Central Boiler in my 8 unit building died March 2014I had a central boiler and converted all the units to individual forced air units in each apartment (they now control their own heat and pay their own gas b...
Patrick Coffey
First potential REI purchase
Hey all,So I wanted to run this by people on here to let me know what you all think. I currently live in the greater Boston area and as you can see from the attached link the property prices are quite steep. With that...
Sam Rust
Duplex Deal in Greater Denver
I'm analyzing a duplex deal in the the northern Denver Metro and want an outside opinion. Asking price of $365,000.00Units were both completely remodeled in 2017, new electrical/plumbing/furnace/AC/roof/floorsCurrentl...