I have a 2 unit property in the western suburbs that could be well suited to be an elder care home for 3-4 residents. It is currently rented out to standard tenants but I am interested in potentially converting to a c...
I am holding my properties in my own name, no LLC etc. For protection, I have a massive landlord and umbrella insurance (1m, 2m respectively). For simplicity, I have a website with "business name" which lists all the ...
Hi. We own 11 SFH rentals, spread among 3 property managers (different states). All 3 PMs use Appfolio and pay us monthly. Any expenses go against reserves of $500 per property and if any expenses are higher than that...
I am building a house on the lot. I wanted to use the architect but learned that it costs a lot of money. I'm thinking of building a house with the house plan from website. Did anyone have experience with this? Is the...
Hi all!Joined BP about a week ago and have spent the past week digesting info here and elsewhere. I have only owned one investment property (residence turned rental) which I sold at a great time, and now looking to g...
Hey everyone!
What is the best way you guys have learned to value multifamily properties(4+ units) through the underwriting process?
Hi, I have a 6-unit building in Lancaster that I am looking to put under management. I am not a fan of the traditional management model, where I get monthly reports, and am specifically looking for property managemen...
Hello
Our primary business model is the BRRRR method. Up to this point in my real estate carrier, I have done all the rehabs and work myself, but now I am looking to scale which means working with contractors. My bi...
My portfolio currently consists of single-family stick-built rentals. I have the opportunity to purchase 4 mobile homes on an acre of land for $135,000. The owner reports gross rents of $2750/month (this includes th...
I'm remodeling a home that will have an ARV lower than most homes in the area. The kitchen will be completely redone and there will be new appliances but I'm not sure if we should supply a fridge or not. Some TV shows...