With both of my parents being entrepreneurs, I realized early on that working for others wouldn't give me the freedom I wanted in life. I went from selling snacks & sodas in vending machines at my dad's barbershop...
Please advise on this property:
72 unit apartment building in a cul-de-sac, built in 1978, all 1 and 2 bedroom units. 1 Bedrooms go for $375 and 2 bd for $425.
Now they're asking $1,000,050 in a short sale.
Their cu...
Hey, All.
I'm looking to purchase a mid-sized multifamily property with a partner. He's providing the bulk of the funding; I'm analyzing the deal. Where I'm stuck is figuring out how to add value. I understand that M...
Hello BP
I have a question about the 50 Percent rule. I was wondering how to justify more expenses just because there is more rent. For example lets say I have a property that rents for $500 and according to...
Hi BP!
I'm looking for some insight on The Iron Works Community in Sacramento - I'm interested in buying a rental unit. Listings for a 2 bedroom / 2.5 bath (1,320 SF) have been coming up on the MLS at a range of $39...
In my area food carts have become a big deal. People are enjoying great food at a very resonable price and these little businesses are sprouting up all over.
Just for fun we started talking with the owner of one and ...
Hello,
I just bought a house in the southwest suburbs of Chicago. 3 BD, 1.5 bath, immaculate. However, i've only gotten ONE call in about a month. Advertising in 2 papers, MLS, and on a rental house website. Is ther...
I have a tenant in a triplex that owes 1 month rent. I told him I was going to start the eviction process two weeks ago and haven’t heard from him since. (There have been ongoing problems with his rent payments). Th...
Good morning!We might make an offer on a multi-family property, and it's not a great deal (wait...don't judge me yet!).What makes the property unique is that there is a separate 6-car garage in which all of the garage...