Michael Hutchinson
Buying second multi-family
Background: I have a 8 plex where I have about $200k left on loan at 5.95%. I have rehabbed it and raised rents from $375 to $700 with full occupancy. It should value between $850k-950k I think, but haven't tried y...
Adam Beckstetdt
How to make nicer Duplexs work
I have been researching some nicer Duplex deals and the ones I come across are listing for 160k+ when the rent is only bringing in $1500/month. There just doesnt seem to be enough meat on the bone in deals like this b...
Mike Rubin
Purchase a 2nd property or payoff the 1st property?
I have a question as to what you all feel is an appropriate course of action in the below scenario:
In 2013 I purchase a multi-family unit and still work a full-time job. By the time 2015 rolls around I have more tha...
Allie Schraeder
Handicap Accessible Apartments
I was talking to a guy at work who's in a wheelchair, and he said he's been looking for an apartment in the area for over a year now. He'd need a ramp or elevator, wider doorways, and a larger bathroom with grab rail...
Feroz Penangwala
Are You Actively Investing in Real Estate?
Hi everyone, I’m curious—how many of you are actively closing real estate deals right now? Are you finding the funding process smooth, or do you run into challenges?
I’ve been involved in lending for a while and know...
Christian Thompson
Comps on 3 duplexes. Residential or Commercial?
Hey Yall!
I am currently working on a off market deal. It's 3 duplexes. They are right next to each other with the third duplex being behind one of the others (2 duplexes on the same lot). I work with seller. He is ...
Vinicius Cadengue
Seeking Guidance: First Investment Property in Miami or Ohio - Financing and Strategy
Hey Bigger Pockets members,
My name is Vinicius; I am looking into purchasing my first investment property. I work/live in Miami area and the market here looks very hard right now. I have been looking into the Miam...
Allen Duan
Partnership on a househack: What kind of deal would you accept?
Hi everyone, I'm super excited to get started investing in real estate and my current goal is a househack of a duplex or triplex here in Los Angeles where I live. Because I'm a business owner/self employed, my finance...
Mercedes Riina
Multifamily units 6+ (Texas)
Good afternoon, I was hoping to get some advice on good areas in Dallas or Houston for multifamily buy and hold properties. I am doing my own research as well, but thought it would be beneficial to also have some feed...
Mike D.
Adding units to properties
If you wanted to add a unit to a property would you value it the same way you would value any other property?(50%, 2% rule)
Does anyone add units to their properties, like basement apartments?