Ian Skelton
4 plex second (third, fourth, etc..) opinions
Hey BP. I am learning analysis and want some second (third, fourth) opinions on a Brick Quad with (4) 2 bedroom 1 bath units. I would probably call this a C+ area. This is a buy and hold. Also, thanks in advance for r...
Dustin Moore
14 Unit Multi! Is it a buy? I want it so bad I can taste it.
About the units...10- 2br1ba(built in 1975), 4- 3br1ba(built in 2002)single story, brickTaxes - $8,900 yr Insurance - not sure Great Rental History! 100% current occupancy. Asking Price $499,000. Avg Yearly Gross Inco...
Maria Jaramillo
Air Conditioning not fixed after a week
OK, so I understand A/C maintenance calls are supposed to be emergencies. Here's my problem:Last Sunday, I made an emergency call, that my A/C was not working, I live in Texas en it is extremely hot. They came that sa...
Nick Miller
What do you do to minimize tenant turnover?
When buying a property I always calculate 10-15% for delinquency and vacancies. With my portfolio this is a conservative average however I have a fourplex with small one bedroom units that seems to take a long tim...
Jon Schwartz
Most important criteria for selecting a market?
Hi all,At the risk of having analysis paralysis, I've been having a lot of fun culling US Census data from the past 10-15 years and assessing markets by the hard numbers.I'm about to do a big data pull (which is time-...
Jerod Smith
Looking at another BRRRR, Your thoughts?
Still haven't pulled the trigger on a BRRRR deal yet. Trying to be patient and seems like all the properties I look at have a major thing that scares me off.BUT...through the help of my Realtor, I've found a 3/1.5, 1...
Eric Fernwood
2023 Las Vegas Investor Outlook
Every January, we release our outlook on what we believe is likely to happen in the coming year. This year is difficult because so many things are happening simultaneously worldwide.
I started this outlook in our Dec...
Vasundhara Ranjani
Investing in Multi-Family to Generate $10K-12K per Month in Cash Flow
As the title says, I would like to purchase a few (or a couple of larger) multifamily properties to cash-flow at least $10K per month (ideally $12K/mo.).The criteria are mainly:-B-class properties/locations (i.e. no "...
Mark Hegeman
Blasting Uninsured vendors
As a landscape contractor most of my competitors are uninsured but I find homeowners seem to care more than landlords about insurance, why is that? This is a generalization to elicit feedback but my comment is based o...
Nicholas Lohr
What to ask the seller BEFORE the offer on a Multifamily?
Wondering what the appropriate questions are to ask before making an offer on a Multifamily? I assume you'd obviously want the gross scheduled income, vacancy, gross operating income, total expenses and NOI but beyon...