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Hi,I have 6 units building that was purchased for $780K in Chicago area. Bought it early this year and bumped up the rent from $82K/year based on the previous owner to $101K yearly rental income. The property tax is a...
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Investing in rental properties can be a great way to build wealth and generate passive income. However, for out-of-state investors, the process can be daunting. There are a lot of factors to consider, from finding the...
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Hello. I've originally thought that once I could get some capital to buy, that I should house hack in Missoula (MT.); we have a paid off home about 35 minutes outside of there. I'm tired of commuting to work in the ...
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I've just started exploring multi-family opportunities in Houston (not my home base), and I've seen a number of properties that are four-plex buildings as part of a larger development. The average HOA fee seems to be...
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A multimillion-dollar building permit was submitted for FedEx near the Memphis International Airport.The permit, valued at $3.2 million for “building renovations,” was posted April 19 for 3140 Tchulahoma Road. FedEx w...
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Hello everyone,
I am in the process of getting ready to go to the bank and refinance a commercial property (11 unit) that we fully renovated top to bottom and leased up. I have all the numbers on the property but am ...
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My experience consists primarily of residential multifamily properties (owned, managed, sold a 24-unit building). I've decided, at least for now in my market, to focus on commercial office/medical/service investment p...
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Hello all,
Here is my problem for you smart people at BP. I am about to close on a apartment building. Here are some of the detail. Price=$475,000 Income=115838/yr. It appraised for 485k. The expense is 55360. Cash...
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Curious what people think. I'm looking at 2 different apartments in Manhatan. Both are good and I would be happy living there in terms of location/building/ apt/ etc. One is about 30% more expensive than the other, bu...
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Hello Everyone-I am a new multifamily property investor and I am currently analyzing listings in the Tucson, AZ & San Diego, CA area with the hopes of closing on my first property in Q1 of 2018. I'd appreciate adv...