Closed on a property in march- 3-unit fully occupied. They were all midway through their leases which were transferred over, new leases were not signed. I just gave a tenant 60-day notice that I was raising rent as ...
Investment Info:
Small multi-family (2-4 units) private money loan investment in Boston.
Cash invested: $50,000
Multi family flip
What made you interested in investing in this type of deal?
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I am looking at a fixer upper that is listed at $285K in the suburbs (SFH). I took the average price of all similar sized (4B2.5B), listings within 1mi, and within the past 6mo and the ARV that I got was about $370K. ...
I saw a post by @Andrew Eaton earlier today, and recently was introduced to Shiloe B. , are you doing any projects up here? Or know anyone who is? I've been seeing a lot of people taking small houses, such as 2br/1ba,...
I purchased my first rental property this year (condo) due to market conditions I had to close quickly with an all cash offer. I fixed the property up for long term rentals which has been rented out. Would It be bette...
Does anyone know of reasonable rental property insurance companies for south Louisiana? Since the last hurricanes, the insurance on my rentals has almost tripled which basically eliminated any cash flow on my propert...
Do flippers on here try and avoid houses that would benefit from additions to get maximum profit? I'm a contractor, so I understand all the costs and time that adds to the project, but I was just curious what peop...
New investor here trying to stay in my local market (Dayton, OH).
Since I've started looking for my first deal I've come across a few section 8 properties that seem to pencil, but I'm a bit loath to jump into that ki...
Hello!
My wife and I are just working on building up some equity. We have a little bit of a suicide-run plan to try to buy a multi-family, and looking for a reality-check if we're going to hard, or perhaps into somet...
Finding a multifamily deal in a growing market is very important because of market appreciation. Market appreciation is where the value of your property increases due to an increase in home prices within the area. So...