Hi all,I'm curious to your thoughts on the following topic:With regard to small multi-family properties (2-6 units) do you always buy in urban centres or have you branched into any rural markets.I ask because all of m...

What would your offer be, rough estimate?What would your P%I be ?21 units total gross yearlyincome 201,6005% VacancyExpenses PM 10% of gross ?Taxes 32k yearInsurance 16k yearmaintenance 10 % of gross ?Common area util...

I had the water on for the inspection and appraisal period and had it turned off after that time. I did this because  I had a vacant house with burst pipes and the damage was over $22,000 so now water is off in vacant...

Hi,I have a building which has a finished attic space on the "3rd" floor. This space only has one egress from the back stairs. I want to create a duplex up unit by combining the second floor and 3rd floor into one uni...

Hi, I'm under contract for my first property, a 4-plex.  I received loan estimates from 3 different companies (30 yr conventional).  Two of them are in contention.  1 has a lower rate by 0.25% and the other has closin...

So, I have 2 tenants leasing a 2 BR.  One of them walked out of his job 2 months ago and won't pay his share of the rent or contribute to cleaning the apartment in any manner.  The other tenant is covering the rent, b...

So I found this brick 4-plex in Raleigh today. It is about 5 or 6 minutes away from a major university (NC State) and also a couple of minutes away from downtown.  Judging from the photos of the interior it seems to b...

I am working on my first buy and hold purchase.  Seller is in pre-foreclosure and has a short sale firm helping him sell the property.  Home was built in 2009.  I had a home inspection yesterday and there's basically ...

I'm in the process of purchasing a six unit mixed use building that has 3 commercial spots.  I expect the tenants to be the smaller businesses like insurance agents, delis, telephone/ipad repair shops and etc.  I also...

Hi all!I recently purchased a 4-plex (two buildings with 2 units per property) in Phoenix, AZ. Because the units are not separately metered in any way, I pay all utilities. I am finding that with each utility bill I h...