Donald S.
5 family analysis help please
Hi everyone. Got a potential property I want to make an offer on, wanted to run it by some collective mind stress testing. 5 family, 4 1+1, 1 2+1 Max purchase 190kRent 2600/mo (room to raise)PITI 1225/mo 25% down, 25y...
Issa Elkhatib
70% Rule for Fix and Hold?
Hello, I was wondering if the the 70% Rule applies to fixing a distressed property and then holding it for rent? If not, what is the rule of thumb?
Jason Malabute
underwriting Indianapolis and Kansas City deals
I keep getting beaten out on these cash buyers and 1031buyers and it's driving me crazy. I am actually underwriting correctly: 1. using the property manager's average expense per unit projections ($5000-5500) 2. u...
Wesley Clark
First Deal Analysis in Jersey
Hello BP - looking for assistance in analyzing my first deal. I just put it through the rental calculator and BRRRR calculator and it does not look promising from a Cash on Cash return perspective. I'm wondering if ...
Adam Glouner
new investor looking where to turn next
Greetings Fellow Investors! My name is Ryan. My wife and I purchased our first investment property right before the new year. It is a single family home and we are positive $550 on cash flow. It does have potential fo...
Joe Black
House Hack with Red Flags - Need Advice
Hi All!I am one year into my first successful house hack and I just viewed a very promising potential house hack that has some red flags that may cause issues with renting the units long term. I plan to live in one un...
JP Morales
House Hacking in Westchester(Yonkers) NY
I’ve recently got the ball rolling to try an upscale from a one bedroom co-op unit into a multi-family property. Preapproved for a considerable amount of money assuming a two family unit outputting $2K/month rent roll...
James Treby
Beach rental help
Hello all I vacation at a high end beach town and am interested in buying vacation rental single family homes. The place where I vacation has only single family homes no multi fam bldgs. The last week of June thru th...
Ed Rataj
To buy or not to buy
I am looking to buy my first multi-family. The current deal I am evaluating looks like this:
2 X 4 family units next door to each other
Asking price $289,000 each
Offer $250,000 each
Rent i...
Andrew Kessler
House Hacking Duplex in Suburb of Akron, Ohio
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Uniontown.
Purchase price: $203,500
Cash invested: $4,500
Currently rehabbing and househacking on one side.
Unit 1- 3 bed...