Hey, I have looking to convert a zoned RM1 single-family to a multi-family and understand that I would need to complete a Use Registration application.Question: Do I need to include the existing floor plans with the a...
Not All Multi Family Properties Are Built the SameThings we have learned over time with multi family properties1. The difference between a 3 unit & a 4 unit is huge!!!
Key differences:
A. 4 unit building is ...
This 4plex is in Philadelphia and the owner wants 269k. Gross rents last year were $31,200. It needs roughly 40k in rehab to increase gross rent to $37,200. It also has 2 garages that can get $125/mo a piece but were ...
I'm looking to BRRRR a CMX2 triplex in Philly where the first floor must have a commercial section. I have a few questions I'm hoping to get clarity on. Maybe some people have encountered this before.1) As the owner, ...
Hi all,
I've been investing in real estate for 10 years, mostly BRRRR in Midwest and Georgia, STR in TN/NC, and recently bought an industrial warehouse in GA. I got it by accident and not really sure what I'm doing n...
Hey guys,I am in the process of negotiating a deal for a completely renovated duplex (e.g. major structural changes, some add-on bedrooms, copper plumbing, tankless water heaters, etc.) in LA and the seller is adamant...
Can you convert mixed-use and/or commercial properties into all apartments without rezoning?
Has anyone used the 203k loan to turn a duplex into a triplex by converting the basement into a legal apartment? I’m specifically looking in the Queens/Long Island area of New York. Assume the basement is more than...
I own some units in a condominium that includes both apartments in a mid-rise tower and 3 story townhouses. Assuming an equal number of apartments and townhouses, would an insurance company typically charge more fo...
Here's what the property description says:Large remodeled brick duplex that functions as 3 units. 8.8% Cap as 3 units! TURN KEY Investment- Ready to rent 1709: 5bd/2ba with a shed converted to a man cave. (1709 curren...