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I’m possibly buying a house where the one owner might stay on as a tenant one of the units. I want to offer first right of refusal on a lease, but I also want to make sure that they would not be able to establish resi...
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I like the idea of a small multifamily for my first rental property. I'm looking at around 2-6 (maybe up to 8?) unit properties. I'm limiting it to this size because of the purchase price and not wanting to bite off m...
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I'll need to do quite a bit of work to get this property back and healthy. Things like carpets, blinds, doors, lights, fumigation, paint, cleaning and some landscaping. The brunt of my frustration is at the tenants wh...
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Hello all! So I recently purchased a double unit with tenants occupying it month-to-month without any form of rental agreement. Upon closing, I met with both tenants individually and went over a rental agreement, whic...
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First time posting. Would gladly welcome feedback. Bought a 6/6.5, 3,600 sq ft home second row ocean facing Feb 2022. It is cash flowing very well. First yr 160k gross (end of May-December) and this year already over ...
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Hi all, Starting with a little background on myself, 24 year old male recently graduated from Minnesota state university, Mankato with a BS in mechanical engineering graduated in May of 2017, currently living with my ...
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I've been working on a deal for a small commercial apartment building (5 units.) If this were a 4 unit instead of 5 (chop a unit's worth of everything off) I would have already bought it. BUT the commercial lending si...
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What do you all think of these rent control and other rent regulations like capping rents and landlords abilities to earn income to pay for repairs and all the expenses of owning property? Rent control on a surface l...
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Hey BP. I am about to acquire and fix up a downtown rental in a low income part of town. Could anybody give me advice on how to get certified for section 8 housing, and if there are any pitfalls I should watch for? If...
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This thread was prompted by the discussion in "To buy or not to buy owner occupied multi-family in Boston suburbs" on continuing to rent in an poor investment home market while owning cash-flowing properties in a good...