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Hi BP'ers, I recently have an inspection done on my first 25 unit MFH under contract in Houston TX. It is a 1970 single-story, garden-style brick MFH ( 3 building).   As part of the general inspection report as well a...

BP,

I need your help and analysis. Today I won the bid on a 9-10 unit (3 - three bedroom, 6- two bedroom) apartment building at a public auction. The 10th unit is a commercial laundry facility in the basemen...

Hello Everyone!I am brand new to the site (just joined a few weeks ago).  I have been reading many of the guides, articles, and blogs over the past several weeks and really like what I've read thus far.  I am looking ...

Small town NC. Building from 1940s, divvied up into 8 apts - four 2/1, four 1/1. 7 are already rented. list price is $95K, but hoping to get for less. Local Bank will do 75% @ 5.5%, 15 year amort. w 5 year balloon, ro...

Hey guys, I wanna get your opinion on one of my latest deals and see how it stacks up to other investors in my area. 4 Unit in East Walnut Hills purchased for 320k with 80k down.Rents were as following: - Studio: $465...

Hello Pros! We are new REIs in Maryland. We are looking at purchasing our first multiple family unit. However, we’ve noticed that most of the multiple family units in our area are very old. Most of them we...

Hi

Wondering, what is the maximum number of the doors you have managed yourself without hiring a property manager?

I'm in escrow for a cute little duplex in Tacoma. This is officially my FIRST real estate transaction. Its a 2 bedroom on top and a studio on the bottom. I think I have opportunity for forced appreciation because the ...

Dear all!,Does electric fireplace replacement count for repair or improvement?The real question is can I deduct the expense at once or must I depreciate it from tax perspective?Thank you-Alik