Hello all I will be starting with my first big multifamily unit this year. I am just looking for some feedback and information on purchasing and managing a 30 to 50 unit complex. Any and all info would be appreciated....
Friends,I am an out of state investor and currently looking to invest into a small multifamily (1-4) around or in Tampa area.Any basic recommendations, things to keep in mind and things to avoid?Highly Appreciated. :)
A ruling has finally been issued for NC Court of Appeals case involving the City of Wilmington's STR ordinance. Ultimately, the court found portions of the City's ordinance to be invalid. Specifically, the City's requ...
Curious of what everyone is electing their SFR deductibles to be? My thought was the higher the better to maximize cash flow. I have been keeping them between $9,000 to $10,000, does anyone go higher?
Hi, looking to invest out of state in Indianapolis, would you guys recommend single family or multifamily? Which provides better cash flow? I heard multifamily market is tough to get into right now in Indy, people are...
I'm looking at a multi-tenant property with 2 anchored tenant. The property is 75% occupied with a cap rate of 8% in a dense location with higher than average household income. The property price is $1.6MMy my underst...
BP'ers we are working on syndicating a 74 unit apartment complex in Cincinnati. It's your typical 50's-60's brick utilitarian type construction. We are trying to spruce it up (cost effectively) and need some help wi...
I haven't heard much about renting out individual apartment units, so I was just wondering the reason behind that. What is the reason no one talks about renting out single apartment units as much as they do SFR or mul...
We looked at 2 houses today.
The first one:
One was a very small (780 sq ft) 3 bedroom. Build 1940's. The living room was tiny...12 x 11. Then 3 small bedrooms - 12 x 11, 10 x 9 and 10 x 8 and 1 bath. Beautiful new...
I have a new client that is looking to rent, but has horrible credit. He had a major medical issue, he survived (his credit, did not), and now is making decent money on track to make 120k annually. Where do we send cl...