Hello everyone. I'm a newbie here and am looking at doing my first flip. The only reason why I haven't jumped on the property I've been looking at is that I can't figure out what to do with this strange room. It's an...
Just curious on how other people are evaluating multifamily units. I look at expenses to be less than 50% of income (NOI). My goal is a minimum of $250.00 per unit. Example an 8-unit will generate a minimum of $200...
Hello I need some help with a tenant issue I'm having. Her lease is set to expire January 1st and we have given written notice that we will not be renewing the lease. She has massive furniture in this condo unit and...
I have been researching recent sales in the Baltimore area for Multi unit apartments from 20-200 units and it seems the per unit pricing is to really high compared to the rent. With properties built in the 1960-1970 t...
I recently acquired a property that has a structurally sound pole barn in the back. Looking to rent it out as storage for additional income, but I need to secure it with doors first so it can be locked. The height si...
Hello All,I'm looking at a 5 unit to BRRRR. They are all 1 bed/1 bath. I'm thinking of downsizing it and combining two of the units to where it might at least a 2/2 but maybe a 3/2. I thinking of this for the followin...
Hi BPers:I am a New Jersey real estate investor. My experience is in the office space, but I am now looking at multi-family properties. Should I expect the acquisition price per SF to decline as the building's size in...
Hi all,
I am considering selling some or one of my multifamily properties to scale up my portfolio in terms of both doors and value. I currently own several properties with approximately $200k in equity. For example,...
Hello all I will be starting with my first big multifamily unit this year. I am just looking for some feedback and information on purchasing and managing a 30 to 50 unit complex. Any and all info would be appreciated....
I have heard of "bigger pockets" through several books I have read as well as podcasts that I have listened to. I finally decided that it is time to come see what it is all about! I am new to investing, but have bee...