Mitch Provost
Many low cost homes vs fewer high cost homes
Is it better to have many low cost single family home rentals or fewer high cost single family home rentals (assuming you invest the same amount) and why?
Larry Flanagan
Economics of Multi Family New Construction
I am reviewing a new construction project - 48 townhomes that will be kept as rentals. Market rent is $1,500/mo, construction budget is $145k/unit. I just dont see how these sort of deals pencil out. Do developers ...
Grace Fukuda
I am closing a duplex this week! some concerns. suggestions?
Hello!
My 4th rental property is finally closing this week!
This a duplex, 1600sq, one unit is located 1st
level, and the other unit is located 2nd level. The utility work has not been separated yet which I am goin...
Pat Jackson
Why do some cities have lots of small multifamiy properties....
......and others do not? Look at Boise ID. Duplexes (and triplexes and quadplexes) are about as common as hens teeth. Look at Bangor ME. There are tons of small multis. There are a lot of examples like this throughout...
David Kraljic
How to determine rental demand in an area
Hi everyone. I am a complete noobie. We are considering moving out of our house but keeping it as a rental. So I am wondering how I can determine the rental demand in my area for my specific type of home. I guess what...
Jordan F.
Selling Two Identical Buildings Separated by a Courtyard Separately
Hi there. We are trying to sell two identical buildings separated by an enclosed courtyard. It looks like a single complex but it is actually two different parcels. We listed both buildings in a single listing to s...
Edward A Kelner
Heroin & Meth Labs
So I'm a new buyer and the area I'm working in has a vast amount of Meth and Heroin bust and things like that. I have not yet bought anything and obviously good renter screening is the best way to avoid this problem b...
Carlos Enriquez
WA State lender won't loan me more than $801,000 due to LTV
Jumping right in, I was told today that I would have to cough up $349,000 DN for a $1,000,000+ 4 plex. 25% would have been $287,500, which would have been easy.So now I'm considering breaking my IRA, cleaning out my...
Sanjay Raj
Strategies for a kitty of 2M
We have around $2million kitty (little less than that).We have done investments before but they were around 60-70k, so this amount is way more than what have handled before.We still hold the previous investments but w...
Paul Khazansky
What IRR returns do you target?
Hey everyone!
What IRR returns do you target when looking at acquiring an existing multi family property? Let's assume it's a class B property, 10 units, you plan to gut-renovate it, and then lease it out for 4 more ...