Jeremy Mohler
Need help determining whether I have a good deal
Hi friends, this is my first post and first property.
I'm under contract on a row house in Baltimore at $307,000. About to do inspections, but want to make sure the math is right. It'll be a house hack at first. I pl...
Richard Sherman
WHY I am NOT building 12 additional Units on Land I already own!
I was responding to another investor's question on building and thought this might be useful for others.Background--32 Unit property just west of Salem, OR which was originally permitted for 40 units, but only 32 were...
Joey Gorombey
House Hacking w/ Negative Cash Flow?
Hi All,TL;DR -- How do I evaluate properties that I will house hack? Should I look at the property holistically, or with only one unit of income? I'm interested in house hacking, and subsequently purchasing multifamil...
Art Maydan
How To Utilize Wife
I’m buying a 4-unit to house hack with FHA. The mortgage is in my name only. How can I use having a wife as an asset to getting more investment properties? Can we do anything with FHA in her name? I know FHA requires ...
Andrew Wilkins
Rookie looking for help finding a loan
I've located a 4-plex (150k 700/month per unit) that's long distance and I'm trying to find some help getting it financed. My wife and I have zero debt, 100k cash but no job at the moment as we sold our house and move...
Paul Tischleder
Best way to split utilities when converting to a duplex
The property has a perfect setup to create a second rental unit, with a separate driveway and entry. It's currently all under 1 set of utilities, (gas boiler heat, electric, water, sewer, window AC units). The city ...
Account Closed
Offering services to medium-term rental owners--general tips & local market questions
I live in the Raleigh area but own a medium-term rental for traveling nurses in New Hampshire. I love everything about managing the property, and even fly up there between tenants to get it ready for the next one! Hec...
Mike Dymski
inspections for apartment complex
When I purchased a 25 unit complex, I did not have a good solution for the property inspection (spoke with a bunch of brokers and inspectors). My options were (1) $50/door from a company that I felt was going to use ...
Annette Barnett
Limits on lending for multifamily - must purchase within 100 miles of my residence??
Hey community,I spoke to a lender yesterday and didn't totally understand what he meant. He asked me what I currently own, which is a single family home, a duplex and a condo. He said something about not being able...
Scott Rabin
One multi unit building vs several less expensive units.
Lets say I have $1 million to work with. What are the pros and cons of owning 1 multi unit building vs. 4-5 houses as rentals for the same money?