Looking for insight from those with boots on the ground.Bought a 2/1 in downtown Hoboken in 2012. The unit was a condo conversion from low income housing in an 8 unit brownstone 3 blocks from the projects. Got it fo...
Hi Everyone,We are in contract on a 9 unit MF. While we anticipated some repairs in our offer price, the inspection has revealed some more significant issues with the slate roof (expected) and the brick and chimneys (...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $45,000
Cash invested: $85,000
The "problem" (opportunity) to solve on this project was the downstairs uni...
Hi Folks,I recently bought several properties in Wayne County's annual tax auction in the neighborhoods most people stay away from. I did this to test some hypotheses, and get an education one way or another. A recent...
I was just doing some due dilligence on a proprety and I spoke to my Insurance Company (USAA), and had a mild heart attack when they told me how much it would be to insure. 1st I ran it online and it came to be ~$6k/...
Good morning BP,Ive been digging in and looking for a multifamily in Columbus to start my REI journey. I was wondering about some issues to look out for in older home areas. A lot of the homes were built around 1900. ...
How much extra $$ to get there?
Say a 1500 square foot home in Texas. Conventional building cost = $105K. How much more to get to zero energy?
Assume highly insulated, great windows in the appropriate places, shade...
Hi everyone,I'm new to the rental business and thinking about buying a duplex in Atlanta, GA. I'm Looking for advice on a potential deal. I've given a verbal offer but trying to come to agreement on the existing rente...
Hey!So how is everyone handling the increased development costs, particularly the dramatic increase in lumber prices?I have started to see people put projects on hold hoping that material costs come down, but will the...