There is a 6 unit multi-family building in Chicago’s Douglas Park (subpar) neighborhood that advertises a “14%” cap rate as a “guaranteed subsidy.” Aka section 8. It’s also on the MLS. The building is $380k. Fully occ...
Hello everyone,I am starting to analyze some deals in my local area as I am looking to purchase my first property. I am generally looking at 3BR, 2BA properties and some smaller multifamily properties. A few questi...
I am wondering how I can account for cash expenses. I have a rental property that I did not have time to paint so I paid a friend cash to paint the rooms over the coarse of a few days. I am wondering how can I track t...
Hi,I'm closing on a triplex (3/2, 1/1, studio) in the next two weeks in Long Beach, CA. I'm converting the permitted studio into a 2/1 ADU as it is attached to the garage. The 3/2 needs updating such as floors, bath...
Hey folks,
A renter at my STR cabin did a number on my vintage, perfectly restored porcelain sink. I'm not sure what it is/how it happened, but it's black streaks that no matter how hard I scrubbed I could not get ou...
Hello Everyone, My name is Sergio Sanchez and I am from Jacksonville, FL. I want to start by saying that I have no experience in Real Estate. I found this website by listening to the Bigger Pockets Money Podcast. ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,305,000
Cash invested: $100,000
Vacant 4-unit in North Oakland, on market, purchased with FHA financing. ...
Hey BPers,I have a rental property that needs a little face lift before I put it on the market. The bathroom has pink tiles that I am debating on gutting or painting. Has anyone here painted tiles before and if so w...
I am a new investor looking into the greaterDFW area but also open to San Antonio. Looking for recommendations on areas/zip codes that have good price to rent ratios. Looking around 150k, SFR, ~1200 sq ft. Okay with m...
How long should you wait after applying a coat of kilz on concrete subfloor to install laminate flooring?