Hi everyone! New member and first time poster here! I recently bought my 1st SFH, rented it out and have jumped right into looking at a multi family 4-plex. I am in a relatively small-mid sized area in central Illinoi...
Hello Folks: I am trying to make a checklist in which I want to include almost all the points to be considered in buying a Multifamily or an Apartment complex of 40 or more units. This checklist can anyone use to quic...
Thought I'd share my first real success story. I've been dabbling in other peoples' projects since last July. I also have been reading and researching everything I could get my hands on. I began looking for my first r...
Hello BP,My spouse and I bought a single family home with an ADU last year. We lived in the ADU and rented out the main home. So we were able to have a pretty great relationship with our tenants and really be on top o...
What is your preferred source of heat for your apartments up here in the northeast?
Anyone use electric? Seems the easiest to install but electric bill may be through the roof?
I am currently using gas/gas stoves b...
I recently became aware of the benefits of owning and using a non-contact infrared thermometer. Here is a great link from the NDSU Extension office:"A simple way homeowners can check their homes for heat loss is with ...
I bought a home in Detroit Dec 2009. It was a package including rehab for $35,000, in a good neighborhood. To make a long story short, I had unexpected bills and bad tenants. I had to change management companies to ge...
Hello Bigger Pockets Community!I want to take this opportunity to introduce myself, and thank you all for contributing to my real estate education. My name is Ryan Zomorodi and I have been listening to the BP podcast ...
So I closed on my first multi a few months ago, a quadplex. This was the previous owners only property & he self managed. The property was fully leased far below market value so I have been expecting to update the...
I have this property under contract, thoughts on the deal would be appreciated. I have attached my numbers on cash flow below. There is a 5th bedroom but I would be staying in this room. There is also a pool, I didn't...