I’m currently reviewing a fully occupied mixed-use commercial building with 8 SRO (Single Room Occupancy) units but have never dealt with this type of property before. The rents are collected weekly instead of monthly...
After getting laid off from another job about a year ago, I opened a music lesson school. I’m already profitable with a monthly cash flow of $6k to $8k. Since my time is flexible, I want to get into real estate invest...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $163,000
Cash invested: $584.16
Side by side duplex 3 miles from shopping center, and 1 mile from the inte...
Hello fellow BPers!I'm from San Antonio, TX. I live on the far Northwest side of town and work in Castle Hills. I'm trying to learn as much as possible about my local real estate market. My question is, where are inve...
I’ve purchased an abandoned adult car home and am going to be converting it into eight 1+1 apartments. Cheap property, huge rehab costs. It’s in a smoker-friendly state and the units will be about $550/month not inclu...
Hi all, Long time BP reader and first time poster. To give you a little background, I'm in my older 20s and bought my first SFR in San Francisco a few years ago. My expenses have lowered as I've built up some "passive...
I saw a 2 apartment building with a commercial space on the 1st floor in the Roundout section of Kingston, NY. Commercial space is going to be empty since they were paying a ridiculously cheap $450/mo for years (abou...
I'm having trouble finding a straight answer on this one. What kind of insurance should I be looking for on a 3-plex? This is a former single family residence that has been converted to three living units. I also p...
In the end, I'd certainly get qualified legal/tax advice, but I'm looking for some more initial information here. If my wife and I sell an investment property (held in our names) and do a 1031 Tenants in Common exchan...
Here's my situation, brief as I possibly can state it:
In 2009 I bought my first rental property, a duplex.
I then converted it into a triplex, eventually converting all 3 units to corporate rentals to fill a hole ...