Will Boedeker
First multifamily rental
I just submitted an offer for my first multifamily, a duplex in Houston, TX, and used the rental tool to generate the following stats. Waiting on the seller to accept my offer.
Jason H.
Ohio 4-unit properties at 80% market value
Ohio I've noticed has some high cap rates for multi-family properties. Can some of these properties be acquired for 80% market value and what does this entail? Is it a situation where a cosmetic rehab is necessary f...
Bradley Whiteside
Private Money and Creative Financing
Hello BP Community! I am new to Real Estate investing and was curious about the different strategies in which you have raised private money for a deal? Seeking advice on the structure/layout of the proposal and what ...
Taylor Robertson
How to structure first owner financing deal?
I'm pretty new to REI. I did my first deal six months ago on a duplex house hack that's gone great so far. I'm eager to do more deals but capital is my biggest issue.
I was notified today of a family member of mine ...
Laura Spaulding
Newbie to multi-family investing
I am looking to get into multi-family. I am primarily a wholesaler and fix and flip on SFR. I own a commercial property that I lease one of my buildings and I occupy the other 2 but I have no experience in multi-famil...
Osazee Edebiri
If you had $420,000, how would you invest it?
No stupid questions, right? I figured there are many more successful investors here on BP than myself, so I should ask and see the response I get.I have $420,000 to invest, and my primary targets are multi family uni...
Eian Siddiqui
Where does the excess money go after an auction?
Hello, I am a starting my journey in real estate and learning whatever I can about the business. I went to a couple of auctions around my neighborhood and was curious about one thing. Where does the excess money go af...
Frank Robinson
Converting condo to multifamily
Does anyone have experience converting a multi condo unit house to simply a multi family property? If so, what is the process like a condo association from multi tax lots to a single tax lot. Looking at a 5 unit condo...
Brady Boyer
College kids living at home with Parents
I have an applicant who has an college age child living at home during the pandemic while college is remote. They said the child would move back to college once its in person again. My policy is typically anyone over ...
Leo Parshukov
What are my options?
Hello everyone,Buying an owner occupied two family in Jersey city. We are planning to live in the owner's unit and tenants above have lease that is expiring mid 2024. My question is how I can nicely end their lease on...