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Hi there,I am looking for a building in Brooklyn to buy so I can use one unit to live in and the others to rent out.This is what I found today:- Purchase Price: $1,350,000- Units: 7 (5 two bedrooms / 2 Studios)- Renta...
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Are there any laws defining rent rise discrimination for non-protected classes?I am growing rapidly, and trying to develop lease renewal strategy. As all landlords learn after a while, not all tenants are created equ...
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Multifamily Real Estate Investors, What is the typical percentage that Property Management Companies receives for managing a large multifamily complex (100 units or more). I interviewed a management company and they ...
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Hello everyone! I'm a 26 year old tradesman going on around 10 years of experience in various blue collar professions. Although I'm eager to make passive income I find it difficult in this market to find good deals or...
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I was curious if most of you avoid older multi family complexes? How much more work is generally needed to get them up to code? Do you see any issues with insurance companies not wanting to insure it unless all wiri...
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Good Afternoon! I have experience with 2-4 unit residential but working on transitioning to focus my investing in bigger unit buildings and I have a few questions on a property that came across recently. It's only a...
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I am looking to invest in properties built in the 1920-1930s and wanted to know if it makes sense to do so? Just from the cash flow perspective, it is making sense, but I wanted to know how your experience has been? ...
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Experienced BP investors,I am in the process of potentially purchasing a 30 unit multifamily apartment complex. It would be greatly appreciated if someone could reach out to help me breakdown this deal. I would just l...
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Hey guys!Trying to do some research on what the expected number for an apartment complex would run. I've run across a deal that has gotten me thinking, but I don't have a lot of solid numbers in my mind. I doubt I'l...
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There is a property I was looking at priced at $875,000. It was appraised at $1,200,000 and that was with a 25% occupancy. The building was previously used for several businesse offices. The zoing was changed to resid...