Hello! newbie here, what a great forum with lots of info!
So long story short, I've been looking into buying a rental property.
Found a property that looked promising but nowhere near 50/2 rule.
Not really showing muc...
I buy in Birmingham where okayish properties list for 50k, can be rent ready for 2-5k, and have ARVs of 80-90k.
If I can put 5k in and get the appraisal to 85k that will allow me to be front end profitable on rentals...
I purchased my first multifamily fourplex in June 2012. I paid 3.5% via a FHA loan @ 3.67%. The approximately $400/month in PMI is killing me so I've decided to try and refinance the property. I'm hoping for a favo...
If you are getting started in house hacking or you are planning to do more this is for you.After house hacking 4 properties and selling hundreds by now to my clients, I see a lot of people not understanding how to imp...
Hey there! I have a chance to buy a significant amount of property in Alaska (fishing lodge) that goes hand in hand with my fishing guide business. The numbers work really well; however, this is my first "big" swing...
As the title states, we just found out today from the neighbors next to one of our properties that the tenants in our house are getting divorced. This poses a very serious potential problem for us because only the hus...
👉A good business partner should have skills that support and complement your own. No single person is a master of all things business. If you have great interpersonal skills but poor business finance skills, consider ...
I am looking at a small 25 yr old office building for investment purposes. I am trying to get some realistic figures for tenant improvement allowance and frequency. Has anyone here analyzed this? I have talked to a...
I recently acquired a single short-term rental (STR) property, and so far, it's been a smooth journey with four successful guest stays. During this time, I've managed the property efficiently, coordinating with my cle...
PROPERTY INFO
Property Address
1123 25th Ave N, MPLS 55411
MLS#
5609309
Number of Units (Duplex, Triplex, 4plex)
2
Crime Rating (Low/Medium/High)
Mediu...