Hey all,I sent out direct mail to multi-family rental owners in my home town trying to find a few properties to buy. An older gentleman called me back and wants to sell 12 duplexes for 1.7 M. He is 75 and is tired of...
Hi BiggerPockets,
I have researched articles but did not find detailed steps and things to do while buying a property (SFH, duplex, triplex, quads). Please kindly take some time and make this into very concis...
Hi,
I was hoping someone might be able to point me in a direction where I could find a complete guide on getting your first rental property under your belt.
When you look at the potential of a multifamily property, you’re really looking at how much income or profit it is generating for its owners. What should you be evaluating to determine that? Start with all the basic p...
Hi guys, I am currently looking at a small multi family property in Fort Lauderdale, FL and in the desciption ist says that the property has lien/code violations. I have tried getting in touch multiple realtors about ...
My husband and I have done one flip and two spec houses since moving to FL. I've noticed throughout all three builds that there isn't really a streamline or consistent method of communication between the contractor an...
Hi BP community,I have been on the site for a while, mostly studying and reading. I am looking at doing my first deal. It is a duplex with two tenants. The financials are below. Everything looks good to me. I am looki...
It has been about 15 months since I purchased a 48-unit property in Wichita Falls, Texas. I want to share my story to inspire other BiggerPockets members and hopefully you can learn a thing or two from this acquisitio...
After several weeks of searching, I'm about to put in an offer for my first purchase. I'm about 80% ready to go but want to know your thoughts on whether or not it's a good deal.Price: $45kRehab: $3-5kRent est: $600-7...
Ok,
I have a seller of a duplex that wants out. Owner is in default and is behind about 20k. Sheriff's sale is end of October. Technically, the owner gets postive cashflow but has other properties that don't and jus...