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I'm about to close on a 4 unit multifamily property. I'll be owner occupying one of the units. it consists of 2 two bedrooms and 2 one bedrooms and I'll live in one of the one bedroom. currently the rents for the 2 be...
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I'm looking to nail down a good deal structure for my situation. After a ton of research it seems that it just comes down to a case by case basis. So, here's my case:I have a co-living business. I'm looking for pro...
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Hello,
I currently live in Philadelphia but may move in the future to NYC. I was wondering what would be some good areas to consider for a first time house hacker. It seems triplexes or quadplexes are the ones that a...
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View report*This link comes directly from our calculators, based on information input by the member who posted.Asking 300,000 but put in an offer for 170K counter back at 200K which was the number I w...
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How much equity is typically offered to money/equity partners on apartment deals? In other words, if the project cost is 2mil, and an equity partner brings in 1mil to secure financing, how much of the profit would yo...
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Hello! I am very interested in a small MF that has a fair amount of deferred maintenance (about $40K). How much should I offer? I can think of two strategies:1. Should I use the flip formula? ARV * X% - repairs? Not ...
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Hey BP my wife and I just purchased our first duplex. We plan on remodeling the interior of both units. The roof and windows are already both fairly new however the A/C units are both roughly 30 years old. My question...
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We are getting a 2 story property ready to rent. Previously the stairs were carpeted. We removed old carpet and found fairly decent hardwood. I think hardwood stairs are beautiful and carpet gets stained easily. My hu...
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Hello Mates,
In the leasing of multi Family Units, I am assuming, most of the Units these days are equipped with Meters for Utilities making the Tenants responsible for Usage and Payments.
Is this a fair assumption...
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Investment Info:
Single-family residence buy & hold investment in Oklahoma City.
Purchase price: $98,000
Cash invested: $36,000
I sold a previous rental property and used the $36k proceeds as a d...