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I will be inheriting a tenant who is a retired custom car builder/mechanic and his wife. Their unit is well maintained, and they currently do cleaning and yard maintenance on the side for other properties. They have...
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Bp friends, we recently just had our first bad guest. Long story short they brought dogs(against our house rules) the dogs damaged the furniture. They also smoked weed in the house stinking the whole house up badly an...
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Hello everyone,long time patron, first time posting. I have a question regarding a building I’m currently house hacking .
I live in a 3 unit in the bronzeville area with an unfinished basement that I want to convert...
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Hey, guys!So I am having a bit of an issue with appliances. @Sam Grooms and I closed on a 98-unit a couple of weeks back (there's a 10-page thread about it here). We are looking at a $1.4M rehab, and so far the biddi...
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What is your fire plan for your rental house and your residence? You better have one.Tonight at 9:00, the motor in the clothes dryer at my personal residence in Memphis caught on fire. The kids and I were just finish...
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Ridley Park, PA Seven Unit FlipSince I started buying property last year, I have wanted to get into doing fix and flips, buying and holding large MF, and getting involved with commercial lending. Then this deal poppe...
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Is an area with a lot of new development of both small and large commercial multi family projects a good or bad sign to invest in that area? I’m particularly interested in small multi family investing. On the good sid...
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I have a contract right now used to wholesale and its puts all closing cost on the seller.. Is this fair? Usually most serious investors are dealing with cash so there isn't as many closing fees compared to a lending...
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It's time to re-roof one of our MF buildings and I don't have any experience dealing with flat roofs with torch-on membranes. The surface of the roof is ~5500 ft sq, and the building is in a cold climate (nice summer...
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I’m currently running the numbers on a B+ multi family investment. The before tax I RR is 14.74%. The after-tax is slightly over 10%Do you consider this a good return? Or do you consider it too high and too risky? Or ...