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Hi! my names Larry, im a Travel Nurse new to B.P. and to Multi Family investing. Currently looking to purchase my first Multi-Family in AZ with an FHA (stay in one, rent out the others). Im looking around on some of ...
Hello,
I am having some issues on whether or not to follow through with a purchase I have set up and would love some feedback. A lot of my worry comes from the current economic situation in the country and where hous...
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For South Jersey Investors and appraisers. What are think you look for when determining the ARV for a multi family? It can be hard for someone new and only know to look at local comps but I feel like comparing a MFR t...
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I've been looking at buying a multi unit property for sometime now. Everything in the madison WI area that's in a good location is way overpriced. The list prices don't make sense for an investor. How do I overcome th...
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I am currently under contract on a 4 plex in Gardner Ma. They are only allowing me to access about 50% of the units and the basement. I know it is a older home and they sent me repairs needed per a section 8 inspect...
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All other things being equal, is it better to have a higher cap rate than a lower one? Is a 10% cap better than a 5%? And why?
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Hi!
I am buying a $140,000 3 bedroom two bath duplex. All comparable rents in this area on craigslist (and the zestimate for rent) are 750-900 dollars. There is a woman in one of the units that is only paying ...
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Hello just wanted to make a first post on this board. I've been lurking and reading for quite some time now. I've learned a lot on here so far but still have a ways to go.My wife and I just closed on our first invest...
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Calling all Massachusetts Landlords;I would like to start a discussion on whether you are using a month to month lease for your rentals, a one year, or other. - Why did you choose the option you did?- Pros and cons e...
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Hi. I am starting renovations of a 4-unit which I own in Yonkers, NY in May. I am thinking of using one room in the basement as a laundry room, with one washer and one drier. I was told by Hercules (www.hercnet.com) I...