Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $88,300
Cash invested: $88,300
Sale price: $320,000
My very first duplex. My next door neighbor told me...
I have a friend with a 2 family home here in NY and they are struggling not only with the mortgage or bills but with upkeep and improvements. I have entered into an (verbal agreement ) That I will receive aprox. $2...
I just had a discussion with my CPA regarding writing off expenses year 1 of ownership. I purchased a rental this year and have already incurred about 7k in repairs. He says I cannot write these off this year, but nee...
3 year lease How much should I as tenant recommend to increase annual CAM fee? 799 sq ft space
Hopefully this was not stated some where else in the forums but I could not find it.I am browsing listings for small multi-family units in the metro Detroit Michigan area and reviewing the stated current rent and NOI....
Hello everyone. I'm entertaining putting an offer in on a 1 bedroom/1bathroom duplex. Here are the numbers:LP: 115k Current rent: $600I think I can get $700 at max. Realistically, probably $650I pay water, so budgeted...
Hi guys!What kind of maintenance work do you do on your rentals?For example, do you make your property managers to clean gutters every year, service AC/furnace, service fireplace if there is one? What else? and how of...
I understand the critical role of efficient maintenance coordination in ensuring the satisfaction of both landlords and tenants. This guide is designed to equip property managers with the necessary tools and strategie...
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...
I'm new to the STR game with 2 rentals, and they've gotten to where they are requiring a fair amount of input. One is in our front yard, the other is about 45 minutes away. I'm a firefighter, and can generally handl...