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I have an old (1930) house, it has Residential multifamily 6 zoning. That means every 6,000 square feet only one multifamily unit. Since the lot is 10,555 square feet there is nothing more than one unit allowed under ...
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So a year ago me, my wife and her parents purchased a 4-plex in Los Angeles. We payed $1.35m for it. They now want to remodel it for $1m, in order to get $3000 a month from each unit. I, however, think we should rathe...
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I have been wondering for a while what distinguishes the differences between these two things?I often see townhomes where there are only 2 or 4 units all attached in one "building" but when you look them up they are c...
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Hi guys!!!We are about 2.5 years in on our buy and hold RE journey and currently under contract on units 5 & 6!!! When we bought our first 2 units (a duplex) I opened a checking account and 2 savings accounts for ...
Greetings!
I'm currently planning my first real estate investment purchase in the Cleveland, Ohio area. I'm local here and work full time in a separate non-real estate related career. I plan on managing the propertie...
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Can we charge tenants for causing mold problems in the bathroom? We know for sure it wasn't like this before they moved in but they said it existed. Can we ask them to change the liner and also keep the bathroom cle...
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Hello,
A relocation to CA bay area seems imminent due to job and therefore selling an owner occupied triplex also seems imminent. I was initially considering selling my triplex and buying a single family in the bay a...
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Hey BP,I needed some quick advice on a property that has some unique aspects to it, both negative and positive.Let me start with the basics:Property Asking Price: $35,0002,218 Total Square Footage$15.78/SQ FT4 Bedroom...
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Greetings BP’ers! Over the last few years I’ve done some “career hacking” to find a better work/life balance for myself. Well I’ve achieved that goal after 7 years! I’ve gotten things to where I can work from anywhe...
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So we Have 11 units right now. 1 duplex and 9 SFH's that we have alot of equity built in them. So i have this Deal and the link is below showing the numbers. Needs alot of work there are 2 homes on on property and one...