BP,I need to hear from folks that have experience in buying Apartment Buildings that are not local to them. I have so many questions running through my mind.1.) Is it a big deal because it is not local?2.) Obviously t...
Hello all,I have 2 triplexes in Pittsburgh and would love to find a plumber that's familiar with installing water submeters and can recommend effective submetering products. Do any of you currently employ water subme...
This is my first multi unit deal. I got if off market through direct mailing. Seller wants to retire and is unloading his properties one at a time. Long story short I let the seller set the price since he was offering...
Hey all, rookie getting started here! Hoping to buy my first small multifamily by the end of the year, and need a little advice from more experienced investors.I'm looking at a 5-Plex consisting of five 1 bed/1 bath ...
Investment Info:
Large multi-family (5+ units) buy & hold investment in Danville.
Purchase price: $110,000
Cash invested: $110,000
This 8 unit was bought using the BRRRR method. We paid cash for...
Hi,I'm branching Into developing an apartment complex. I'm in process right now with city developing a piece of land. Also negotiating price on property with owners selling. I have never tackled a project like this. I...
Hello,My PITI was $3200 and now suddenly increased to $3700 because of a recent property tax rate increase. Property tax is a whopping $15000 per year now not based on assessments.I make decent rents close to $5000 wh...
It seems like multi families are suggested as the way to go for passive wealth building....And it also seems like most multi families (4 units or less) are geared towards lower income. So what are you guys renting the...
Hi BP friends!I'm excited to join this real estate investing community. I've wanted to invest in an income property for over 15 years and have decided that 2017 is my year. I've got a demanding full-time job at a star...
Hello everyone, happy holidays and Merry Christmas to those who celebrate! This is my first time posting on the forum; I have a background in finance but am new to real estate. Curious of everyone's thoughts on the re...