Would like some advise here I’m under contract for a quadraplex, during the inspection period I had a property inspector find a few issues, damage to the ceiling from a prior leak , safety issue with the stability of ...

I am looking at a 10 unit building in Michigan.  The owner wants $200,000 for it and he will do a land contract at 6% with $50,000 down a 5 year with 30 amortization. It is a mix of 1 bedroom and 2 bedroom.  It is low...

Hello all, 
This is my first post on the BP forums. There is a 60,000 - 80,000 square foot mixed use building for sale in Coshocton, Ohio - about an hour east of Columbus. (I am NOT the realtor or the owner). The bui...

Hello, a friend and I are starting a property management business very soon. We both have our real estate license and understand how important it is to have a great property management company looking over people’s as...

Hi everyone,So I'm in the middle of purchasing my first multi-family house and just had an inspection done this week. There was one big issue that came up during the inspection. The egress (emergency fire exit) for bo...

In my area, I've noticed a lot of multifamily properties with 4 to 12 units, and all units are 1/1.  In my opinion, and correct me if I'm wrong, 1/1 units are useless.  Who rents a 1 bedroom, 1 bath?  College students...

Hi all, I am in feasibility period and walking through every unit for physical inspection. The building is built in 1970s and I am wondering other than foundation and slab what are the most important things that I nee...

Hi all, I'm new and trying to determine if this is a normal contractual stipulation for a major rehab. I just received the contract for review for a property that I'm thinking about wholesaling. Looks like the seller ...

I have an offer in on a property and I want to know if I am taking on too much risk.

The building will cost 70K with a down payment of 15K. Seller carry IO 55K for 5 years at 9%.

The building is 70 years old, with ...

Last year Me and my friend backed out of off market deal 16 units @ 5 buildings price:1.037M in a population declining city which has 3k in population size. but i heard from town that rentals are always in demand. sel...