Hello,I am looking a 47 unit Multi-Family Rehab project in the following area specifically:E 75th st Chicago Illinois 60649.It is a 40 unit + 7 unit commercial rehab project. A few questions:1) How is the area? How is...
Has anyone experienced pros and cons of having multidwelling units near a military base? Specifically rental rentention, vacancy concerns due to deployments, how to handle short term leases, section 8 vouchers, etc.
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Well I have finally pulled the trigger and am currently completing the process of purchasing 2 fourplexes from a bank! Here are the numbers, let me know what you think.
100% bank financing
140k property (both build...
I would like to try and rent this house out. It’s a 3/2. This upstairs part is labeled as the 3rd bedroom. It’s freezing up here and I’m getting it spray foamed in two weeks. Is this best to just keep this like th...
Hi everyone. I have come across some information about the BRRRR strategy. The problem is, I live in a low cash-flow area (near Portland, Oregon). I have cash but want to end up with good cash flow in the end, which w...
I recently purchased a duplex and kept 1 tenant who is section 8 and rehabbed the other side as part of the brrrr strategy. I was able to immediately find renters and signed them to a 1 year lease. The tenant who st...
Last year I had a tenant apply for a two-year lease on one of my rentals. She had really good income. Single mother with three kids. One year into the lease, she informs me she's been approved for Section 8 with a vou...
Hi All, I am new to multi-family investing, is it advisable to do the first deal on a LIHTC (Low Income Housing Tax Credits) apartment complex? What are the pros and cons? Do we need to pay fewer property taxes if we...
Hey guys,I'm new to bigger pockets and was wondering if it's worth investing in rental properties is Salem County, NJ? This is where I live so I was thinking it'd be a good place to start. My only problem is that I wo...
Hey folks, so this morning one of my colleagues posted (from another person) some reasons why sec 8 can be very difficult. Well, you will see my responses in bold that show the facts vs some guy sitting on the interne...