The apartment rental market in Reno/Sparks leveled off in the first quarter of 2023. For 80+ unit properties, average rental rates increased by $19 per month to $1,644, but this is only $10 more than Q1 last year. Ove...
hey guys -- here's one: - I live in a multi unit property (4 units) and would love to make an offer to acquire it from my landlord / owner- I have a single owner S Corp that does well, I pay myself a reasonable W2 sal...
I recently closed on a commercial building with 4 apartments above space that can be used for retail/restaurant/bar. I'm currently in the process of rehabbing all 4 apartments and am trying to determine best way to g...
I am looking at some multifamily portfolio deals. How would you underwrite multiple bldgs in a single portfolio. I have heard some say to underwrite each bldg individually. Others say if they get similar rents and exp...
It's common knowledge that a basic qualification for a tenant is to show income that is 3x's the rent. However, if a husband and wife or a boyfriend or girlfriend are filling out the application, is this a joint requi...
Hi All! I have a rental in a somewhat depressed area of North Florida. The biggest employer shut down about a year ago and 3 hurricanes (2 major) hit directly in the last year. When I listed this property last yeear ...
just wanted to share with everyone.Is Housing Poised to Return to Pre-Crisis Glory?The recent predictions from analysts of a dark year for housing based on tight inventory combined with rapid home price appreciation a...
Hello! I uploaded a different post on multifamily, but this one relate to house hacking. Has anyone had experience in house hacking a 3-4 plex and using different rental strategies on each? For example, living in one,...
Hello all, Ive recently purchased my first rental property ( a triplex) and have discovered uneven subfloors. The house is 100 years old and i do not suspect foundation issues.. The floors in two rooms had a wavy look...
To make a long story short my stepdad and I started a home improvement/property service business in the early 2000s. We eventually still did property services but he took care of some services while I took care of oth...