Arianne L.
Sagging/Bowing Balcony rehab question
I was wondering if anyone on BP can help me with rehab estimates for a property I am running numbers on. I have forwarded the pictures to a general contractor and I'm waiting for a reply but I thought I might get some...
Austin Lange
[Calc Review] Help me analyze this deal
So in this Multi family deal I have 4 bedrooms but I would be living in one of them so I only put 3 units in the calculator rented out at 500 each did I do that correctly? Second I'm not sure how accurate the price (o...
Paul Sandhu
Do you repurpose anything with your STR
I'm on a low carb diet and am drinking Miller Lite in the aluminum cans with a screw on lid. My plan is to fill the empty cans with #2 off road diesel fuel and place the cans at houses that have outdoor fire pits. I...
Robert Lindsley
What’s included in ‘Net Income’ for Cap Rate analysis?
Hello,I’m trying to determine a price for a multifamily apartment building I’m selling. The way I’m doing this is taking the net income and determining a possible sales price using the cap rate.Normally to determine ...
Matt Miller
Deferred maintenance w/ inherited tenants.
I purchased an occupied duplex in January. Since then the tenants have paid rent on time and have been easy to work with. However there is some deferred maintenance that that came up in the inspection that the seller ...
Kristopher Kelly
What's My Next Move?
Hello All,Let me set the stage for the best possible help. In September I got a condo that I can cashflow about $200 a month.I have a VA loan on the property. Is it worth going and buying a Multi living in one unit an...
Dan Wynn
To buy or not to buy? (Link to numbers included)
I have a quad under contract right now that looks great on paper! See link below! I am hesitant to pull the trigger on this one because of a few factors:1.MFs on street- Quad is in a C area but this particular street ...
Paul C.
Capital getting stuck in small multi family BRRRr deals
Hey, my strategy is long term buy and hold of small multi family(2-4) units using BRRRR. However, I am running into major issues on the refinance piece due to lack of comps. On a previous BRRRR, I came out under water...
Nick Gee
STEAM HEAT A DEAL BREAKER ??
SO MY WIFE AND I ARE LOOKING AT AN OLDER HOUSE TO RENOVATE AND POSSIBLY STAY IN... HOWEVER THE HEATING IS STEAM HEAT WITH THE OLD CAST IRON RADIATORS THROUGH OUT THE HOUSE.... FIRST TIME COMING ACROSS THIS HEATING SYS...
Ceasar Rosas
Turnkey Rental Process
Hey BP members!I am looking for some advice on Turnkey Rentals. I have 2 single family rentals and 1 fix and flip that we currently have on the market. I have been considering more and more to possibly take the leap a...