Anthony Tumbiolo
6 unit deal in Fort Wayne, IN
Investment Info:
Large multi-family (5+ units) buy & hold investment in Fort Wayne.
Purchase price: $250,000
6 unit property.
Buying, renovating, increasing rents, then will hold long term.
...
Ashley Corbett
Buying Properties -With Utilities Cut off
I'm looking at buying a property with cash where the utilities are cut off . Typically I'd have a property inspector inspect the property before buying it but since the utilities aren't on should I just Have an Electr...
Edouard Pierre
Chicago 2-Unit plus Garden Unit Possible Purchase!
Hello friends!I have a building that I've had my eyes on. It's not in the MLS at the moment but the owner has a family member that is an agent and will put it on unless I make an offer they're willing to accept. If th...
Abigail Nalbandian
BRRRR Property in Reno stage - Tax Strategy
Hello all,Husband and I are working on our first deal. We bought a house cash at the sheriff sale and are going through the process of remodeling it. Our plan is to follow the BRRRR strategy. We listened to plenty ...
Jonathan Sowinski
Sanity check: 50%/2% rules fail. Could this still be a good investment?
I am looking for some input on one of my first (potential) deals; I am currently under contract to purchase but wanted to see if the #s below make sense to other more experienced investors.
I am asking because I ju...
Kevin R.
Facing a tough decision re: steam heating with a pending sale
Due to the great wealth of information and helpful people on BP, I was able to get my first home under contract last weekend. Here are some basic details about the property:
$230,000 triplex (one unit per floor)Built...
Travis Deutman
My first small multi-family
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Leesburg.
Purchase price: $156,000
Cash invested: $46,000
I purchased this property turn key off Roofstock. It was my thi...
Matthew McCormick
NJ Electrician with Financing?
Hi BP:
We have a necessary electrical project we have to have completed in the next month or so that will be fairly expensive to cover out of pocket all at once.
Therefore, I was hoping if maybe someone knew of an ...
Julian Perez
Quadplex with only two meters, how should I handle tenants?
I'm closing on a quadplex this week but it's only has two electrical meters.The property currently has tenants in place but the rents are low so I will be raising rents to meet market standards. So I believe they will...
Scott Harlow
Need advice about community laundry room in a 4-plex
I have a community laundry room in a 4-plex consisting of one washer and one dryer. The previous owner set the laundry room up to run off of one of the units' utilities. She would then agree to pay for that tenant's w...