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Hello fellow BPers! So I just successfully negotiated a purchase price on my first deal! I gave it a pretty slim shot on getting this deal, but I woke up this morning to an email from the seller's agent agreeing to my...
I was wondering if anyone actually already closed a syndication deal to share their experience, and expectations vs reality. I am looking at a 400k 6 unit building that is positive cash flow. I am 21 years old with ex...
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What would YOU do?My partners have been sending out letters to owners of multifamily buildings we’d like to own. Response, as you can imagine, has been light, but we have heard from at least two owners who have intere...
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Hi BP'ers! Let me introduce myself :)I am a 25 yo Belgian dude from the Antwerp area, now looking for my first multifamily property. I am looking for a 2-5 unit property with 8-10% gross return.I know that a lot of yo...
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Hello everyone,
I have a property located a little ways outside of the DFW metroplex (east). It is a duplex. I am having problems with a tenant, and their heating/cooling. For context, this duplex was built in 1900 a...
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Hi BP community!
I purchased a house in metro Detroit, MI area that was unoccupied.
The house rented in May and now it's July and and the tenants are complaining that the AC doesn't cool the house enough. At first ...
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Hi folks - long time reader here.My wife and I are scoping out a SF property in Somerville. It has the bones and sq ft to be converted into a multifamily though we have a limited understanding of the MF conversion pro...
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Hi All
One of my properties is being renting to a single, female student. The lease stipulates no visitor can stay more than 48 hours without being added to the lease. Her boyfriend is now staying at the property for...
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To those who rent in Cook County,Just got an application from someone I am told has a housing voucher (by the real estate agent representing applicant).Aren't I supposed to actually receive a copy of the housing vouch...