Trevor Fritz
50% rule on multifamilies accurate in Chicago?
Hi everyone, throughout my research I consistently come across those who preach the 50% rule. Does this rule hold true for multifamily homes in Chicago or is this ultraconservative due to the high rents? When I have f...
Athina Margaris
Chicagoland deals, where are they at?
Hi everyone! I am newer to the website and am loving all the information. I’m located in the suburbs just west of Chicago. I was wondering if anyone has been finding any good deals on multi family buildings in the Chi...
Mike Migliaccio
Taking on investors
I started a small real estate investment group and am buying multi family apartment buildings. As we continue to learn and grow, we have been developing relationships with others that would like to invest with us. I a...
Mark Lynch
Question about branding myself as a realtor
Hello!
I’m a newly licensed realtor and everything I’ve read has stressed the importance of creating my brand. I’ve been kicking around ideas to name my company and had a few questions. Does it have to just consist o...
Chandra Venkat
Help in Multi-Family Analysis
I have been a silent participant, consuming a lot of information like the podcasts, forums etc. It has been a great site. We closed on a 4-plex last month, this site has been helpful in getting a lot of my questions a...
Spencer Aitchison
From Montreal looking into buying my first property in the US. Adirondack STR
Hello all, I am from Montreal, Quebec and own a duplex locally. I am looking to diversify and start with either buying a lot of land to build on or a fixer upper to turn into a STR in the upstate NY Adirondack area (2...
Bei He
How to get building value for rental depreciation (tax purpose)
I purchased a Gilbert rental property last year now I'm doing my 2021 tax.I have a question for the Arizona property depreciation.Usually we should use the building value, which is (purchase cost - land value) to do d...
Kim Handelman
Researching Markets
Hey everyone, I've realized that my local market (CT shoreline and CT in general) isn't the best market to invest in for buy and hold. Finding properties that fit the 2% rule is a joke and even going with the 1% ru...
Parul S.
Why is this not a good deal?
I'm trying to get better at gauging why certain properties have not been touched by buyers, and sit on the market for 9+ months.
I found a multi-family listed currently listed for $57,000, that has been on th...
Alex W.
Analyzing Multifamily with yourself as a Renter
Hi BP!I have 3 questions --QUESTION 1: How would you analyze a multi family deal assuming that you yourself are living in one of the units? Do you see it as "just another renter" (and also assume $0 property managem...