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I'm working with the owner of an almost 100 year old small (<900 sq. ft) craftsman bungalow with small rooms typical of a home of this vintage. The house is now vacant and in need of renovation (bathroom and kitche...
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Hi All, We have been self managing for over 20 years in SFH's, mostly in FL and have been confronted with a number of tenant applicants who have assistance or therapy animals recently. While I am familiar with the AD...
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Morning,Does anyone have any experience with the prevailing CAP rate for small multifamily in Gastonia? I've done a bit of googling and not found much. There are three properties for sale on LoopNet and it seems lik...
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I just received a quote from my insurance agent on coverage for my first Multi Family property. What are some BIG things that I need to be sure are included/correct coverage? I trust him, but I do want to do my own du...
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If I were to purchase a property subject to existing financing, I am ultimately taking control of the title and the property while making loan payments that are still in the sellers name. Now, if i was a jerk, I coul...
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Hi Everyone!
Looking for opinions and discussion.
Here is the description:
22 Units composed of 8 - 2/1.5 and 14 - 2/1
100% occupied
Monthly Income = 11k
Monthly expenses = 4k
Net Monthly Income = 7k
Annual Net Incom...
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Hi!I own 5 SFR rentals (3 are Section 8) and also invest in Private Mortgage Notes looking to get into flips down the road.Thank you!Danyel T
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Hello! Can someone give me tips to buy at the sheriff sale in Philly? Is it true that the house will be clear of liens once bought? Help! I am originally from Italy and I am moving to Philadelphia and wanted to buy a ...
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Hi,My retired neighbor recently told me that he wants to sell his 50 years old, 1300 SF 3/1 house for around $400,000. The house located in nice South East Whittier, CA area bordering Fullerton / La Mirada / La Habra....
Investment Info:
Small multi-family (2-4 units) wholesale investment in Johnstown.
Purchase price: $64,000
Pending removal of current tenant, cleanup/repair/renovation
What made you interested ...