Hunter Bradford
Low Returns (COC) on Larger MF - Anyone Else Seeing This?
Hey Folks-
Doing a 1031 exchange and attempting to trade up from 14 Units to 30+. Everything I look at would either lose money or barely make any money once factoring in debt. Is the market just that compressed rig...
Kevin Switzer
Proceeds from Land Sale
Can the proceeds from a land sale owned by an LLC with multiple owners be different than the ownership percentages? For example if one person owns 25% under what conditions could this person be given 30% of the sale...
Krishna Chava
Small multi family: What is your property management model
How do you manage an apartment complex with less that 70 units? Do you have an onsite property manager and/or onsite maintenance tech?. Do you directly employ people or pay a property management company that employs o...
Nick Russo
Contractor looking to get into apartment buildings
Hello All,I am currently part of a home building and commercial general contracting family business that has been going strong for over 35 years. While we are consistently growing, but are open to pivoting into a spec...
Pat Jackson
House on septic that's not up to code, should I close?
I have a 2/1 under contract for 28,500. ARV 70,000. Would rent 700-750 rehabbed. In a nice B neighborhood. Needs ~20k in updates, not including septic updates. I bid on it not knowing it's on septic.I signed the ...
Thomas Sutton
Short-term buy & hold sfh to generate $ for multi-family deals.
In my quest to own large multi-family properties, I've been debating whether to take advantage of low out of pocket FHA/203k financing for a sfh for a short-term hold and then selling after the owner occupancy term in...
Joshua Dorkin
Problem Seeing All New Forum Posts in a Thread
Hey All - A bug just appeared and we're working on it -- you may go to a thread and see that some posts are missing . . . we are aware of the issue and should have it sorted out shortly.Apologies and thanks for the pa...
Glenn Gerisch
NOI listed is reflective of owner operated costs
I'm currently interested in a 20 unit garden apartment for sale that is listed at a reasonable CAP rate. My issue is that the property is owner managed and the NOI provided is based on expenses that would not be r...
Vicky Gu
Any tips on doing due diligence on a vacant raw land in Oakland?
How are you all doing? Any land experts here? Can I get some help on how to perform a due diligence on a vacant parcel? Some basic facts about this land:- located in Oakland CA- it was subdivided in 1991- there are...
Mark Shelstad
Best way to zone heat a 2000 sq ft home
Many HVAC professionals really push installing a second furnace in larger gut rehabs that have ducting or other issues in the field. The two other methods I am aware of are installing a motorized main damper to direct...