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Jeff Morrison Multi family in Chicago area

15 December 2021 | 7 replies

We are looking to get started in small multifamily buildings, ie duplex, triplex, quad. We live in the NW suburbs of Chicago and it seems like the most affordable ones are in the Elgin area, Aurora or in the city. Elg...

Slade S. How do you deal with a 4 unit with one electric service

14 October 2021 | 3 replies

I have a deal that the numbers make sense on, but it is a 4 unit with one electric/water meter. How would you handle this? How would a property manager handle this? What if one tenant uses more electricity than everyo...

John Groseu Cash On Cash Per Month And A HVAC Upgrade

9 January 2019 | 1 reply

Hi everyone, I'm Dan and I am new to real estate investing. Weighing if I should upgrade my existing HVAC and rent a 1 bedroom condo that I live in now near NYC or sell. I'm aiming for a profit of $100 per month.HVA...

Isaac Larson Single family to duplex conversion update

11 November 2021 | 0 replies

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $317,000

Cash invested: $90,000

The legal conversion is finished and the remodeled unit has been rented out....

Charles Wang Advice please! Buying a rental property!

22 August 2016 | 5 replies

Hey folks, I am under contract for a triplex in West Palm Beach, FL. We are in a charming, historic neighborhood two blocks from the beach (intercoastal waterway.) Three units are fully rented for $2700 a month total....

Joseph Weisenbloom Sell as-is OR improve and sell

5 June 2018 | 9 replies

I have a property that I am selling that has low cashflow and a ton of equity. The rising property value has increased the taxes to the point where it is eating a lot of my cashflow. I am now in a situation where I w...

Mike Terry What would you offer on this portfolio?

19 August 2020 | 3 replies

I came across a portfolio of 7 duplexes. Please let me know what you think? Description:7 duplexes, 2/2 with 1 car attached garage (one with no garage)built in 2001B+ class neighborhood, steady rental a lot of multif...

Jayson Greenblatt Electric wall heaters

6 October 2020 | 29 replies

I want to hear from people who have these as their only source of heat. I have a forced air furnace that is on its way out. I would like to install electric wall mounted heaters in all the rooms and pass the cost of h...