I'm looking at a 8 unit at a $270,000 price. Income is about $33,000 per year, expenses are about $30,000. Market rents are $250-300/month under market for the area so basically the owner shows a small loss on their...
This is my first full year as a rental property owner, and I am doing my own taxes. I received a 1099-MISC from my property manager showing the expected amount in Box 1 for rental income, and about $1200 in Box 3, "...
I am in the process of purchasing an investment property, where I will live in one unit, and rent out the other two units. The upper unit is on a month to month, but the rent is $150 below the average rent in the are...
I am looking to invest in a market with a slightly lower set of entry constraints.... and suggestions?
We have a VA loan we can use on a 4 until multiplex - we would have to live in one of the units. To purchase we’d need a down payment because the no down payment VA loans only cover up to a certain amount. Would inves...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Brighton.
Purchase price: $550,000
Duplex multifamily with full basement in Boston MA. The property is fully rented and cash f...
Hey everyone! In your opinion, do you think multifamily transaction volume will increase in 2024?There is some discussion that rates will decrease in 2024. $1.9T worth of CRE loans are set to expire by the end of 2025...
Last week, I had a call that I was totally unprepared for. I didn’t know the details about a project we’re working on, and it showed.
Lesson learned: Always prepare thoroughly before each call and be ready for unexpe...
Greetings everyone--I am in the process of finding people to help me learn to make the best plan for a first deal in the context of future plans. Not confident that what I'm currently thinking of is the most appropria...
Hello everyone,I’ve been trying to search for this answer but I haven’t been able to find one, so hopefully what I’m thinking makes sense. For simplicity sake, I’ll use easy numbers. Let’s say someone makes 100k and g...