Hello you all Supportive members,
I recently joined this forum and it has been overwhelmingly supportive. I am also starting formal learning for RE license exam.
Wanted to request some assistance in knowing good / e...
Hypothetically,Let's say a mentor of mine is selling an 11 unit, well kept, and deleaded for $2.2M asking. You, as a savvy investor know this is an option, but strapped for cash. You take into consideration this fact ...
I started looking for multi family properties in NY that are affordable unlike NYC where I live and Rochester, NY keeps popping up. Does anyone know if this would be a good place to start investing in?
Hello -So my monthly income vs. expense worksheet looks like this on a 6-unit rental property. Income: $8200 (full occupancy)Expenses: $2910 (includes 10% for vacancy & 10% repairs, utilities, trash...
Good morning BP,I'm from a small town in Eastern KY and I'm starting my journey into the world of REI at the ripe old age of 46. I have goals of obtaining enough MF property to replace my current career by the age of ...
Great morning,
My wife and I are in the market for a STR in the Florida area. We currently live in our primary in CT and considered going the DSCR route but given our zero experience, we were told that wouldn't be a ...
On jobs we usually have a dumpster , but after its gone there is always something to haul . I have a 5 x 8 utility trailer that is handy as hell , its light , easy to load and holds quite a bit . I have had this thing...
Evening all, I am getting lost in NOI and Cap rates. What is the formula or points of reference to calculate investing in a multi-family? Can I work backwards from a projected rent? Lets say each door rented for $700....
hello all,Wanted to get people's opinion on buying a 3 unit building with a single heating unit. The cost of separating the units and making 3 separate heating systems is too expensive. This building has radiators an...
Looked at a Townhouse. Here are the stats.
3 bed that had the 2 smaller bedrooms modified to make one large room. so currently a 2 bed 1.5 bath. Brick faced and ~1100 square ft.
The place needs a roof (...