Hello BPers!I was looking at a small apartment complex of 10 units and started researching the area around the complex.  Turns out that there are larger complexes in the area that have amenities such as gyms and pools...

hi, I recently bought a small 7 unit building, and the super is getting a $500 deduction off his rent, I was sure for that hefty price he does EVERYTHING  in this small building, so when a tenant moved out I asked him...

I am newbie to commercial real estate and study this recently. I plan to purchase out of state commercial property with NNN lease. Per my understanding, for NNN lease, it is leasee's responsibility to handle all maint...

Interested in different opinions on building vs buying in the current RE market?
I am looking at either purchasing an existing “value add” duplex vs finding a correctly zoned vacant lot to build on. In both circumst...

Hi All,What sort of numbers do people like to estimate for per-unit maintenance? I'm specifically looking at medium-size (say, 12-50) unit, older but in good shape, class C buildings around Chicago and suburbs. Actual...

Hi!  Anyone have advice on general rules of thumb or ways to estimate operating cost for a short term rental new construction? I need to figure out a base operating cost so I can consider this when I assess land purch...

Just wrapped up a build-to-rent project on Wilson Road, and I’m excited to share how it turned out! We built two homes side by side on infill lots with a lot value of $20k each and hard construction costs of $196k (bu...

Hello all, I have a question for people with experience in muti-family real estate. In the past year i have acquired two 4-plexes and have really enjoyed the multifamily investments and i would eventually like to b...

Back in 2016 I bought three 4plexes in Phoenix, one for $176k, and two for $190k.  Sometimes they have made $4k a month net, but quite a few months they have lost money.  Last year they lost $30k total due to needing ...

My partner and I are looking at a 128 unit complex that's made up of 8 16 unit buildings, with a average rent of $450. The building was made in 1960.We're not entirely sure how much we should project for maintenance /...