How are people able to buy apartment complexes (5+ units) while “the numbers” making NO sense IN THIS MARET. Everything we underwrite looks terrible - (2% cash on cash AT BEST). Granted where conservative with our num...
I have always invested in single family homes and have done pretty well so far. Recently I have been looking into apartment buildings (8-20 unit) in the Cleveland, Oh area. I am trying to get familiar with the market ...
Like many of you, I have > 100 residents paying rent to me each month. This is terrific. But with rent being set, I often wonder if other landlords have found ways to find incremental increases in revenue (that lik...
Hello, I'm a newbie investor, who is interested in rental properties. I have a few questions.
1. Just to clarify something, Is cash-out refinance, possible only if there is a rise in your home price or if there is a ...
My investment account is currently worth $380k. Would you cash it in in order to make a 25% down payment on a 16 unit apartment complex? I would have to pay about 35k in capital gains. Here are the numbers: $1.4 m...
Hi Guys really appreciate your time and help, I am new to the real estate business, we recently bought into the property market in Ohio with 3 multi units with approximately 50 units in total. Are the following charg...
I know that I am years away from being able to even look at the below properties but while I work to get there I plan to learn as much as possible and yes I know that a beginner should be looking smaller, however lear...
Good afternoon/evening BP,So I'm in need of the communities help. I have set up an appointment with my real estate agent to look at a 6-plex in Milwaukee. I'm unsure of the next step. I intend to use my VA loan to pur...
I’m a newbie who’s diving into multifamily. I recently listened to @alwilliamson on The Michael Blank podcast and liked his model on extended stay vs long term or short term using part or all of a multifamily property...
hi all, I just acquired a 16 unit. They are all 1 x1. No laundry hookup. I have space to build. Has anyone added a coin OP laundry building? If so how big, cost to build, cost to operate and is it worth it or profits?...