I live in Boca Raton and am currently hunting for my first multifamily property.
It’s been tough finding one between 2-4 units in a nice neighborhood, while also having attractive numbers.
I’m willing to also look at...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $320,000
Cash invested: $171,000
Acquired distressed 6-unit to BRRRR. Fully vacated the building, co...
View report*This link comes directly from our calculators, based on information input by the member who posted.Hi all,I am looking at a foreclosed 6-plex in Miami, FL. I would love your input on the ...
I was just wondering if anybody has experience renting 1-1 units I was offered a deal for a *5 plex 1. 2-1 the rest 4. 1-1 my my property manager said she currently manages 14 1-1 and she didn't have any vacancies so...
I've entered in a contract for an unoccupied 12 unit building that needs quite a bit of renovation. I've got the money to put down for the agreed priced of 255K, but I need another 200K for renovations. The rents aver...
I'm currently doing some due diligence on a large(r) apartment building that I'm seriously considering buying. The main stumbling block is that my lender for all my other multifamily (most of my buildings are 8 - 22 u...
Misconception No. 1: Smaller Properties Are Easier To Manage
“Smaller properties are easier to manage” is one misconception that I hear from investors all the time. Actually, the opposite is true. Having a profession...
Happy Thanksgiving BP family! My wife and I are going to start diving into property investing. I believe BRRRR is the best strategy for us. I am in the military so we move fairly often which leads me to be willing to ...
Investment Info:
Small multi-family (2-4 units) hard money loan investment in Kettering.
Purchase price: $142,000
Cash invested: $92,000Cash to Close: $35,000
Renovations: $57,000
ARV: $210,000
70% L...
I looked over all the IRS rules regarding rental income in an owner-occupied house. After looking at everything, this is the plan I've come up with. Any pointers/tips/suggestions would be helpful.3bdrm/2ba house wit...