I am looking at a multifamily property in a good area that produces a 9 cap return. My concern is that a third of gross income is from the retail bays. My quesstion is what are the major challenges with finding and ma...
Most people overlook mobile home parks as an investment vehicle due to negative perceptions about the kinds of people that might live there or what they represent (poor, dirty, untrustworthy, etc). If you look at the...
I am look for some ideas to add a little curb appeal to my property. Any ideas are welcome.
Hi All,First time posting in BP, long time reader/listener. I found a reasonably priced studio condo in a great area in NYC. It is a small 3-story elevator building- 14 units in total. My offer was accepted but the s...
Hello All ,I live in NM. I have few Rentals here in NM. I build and keep and rent. I am looking at the prices for the some 4 plex buildings In Milwaukee,WI and the prices are unreal. I know some were in 10k for SFH a...
Had a tenant sign the lease and send the move-in fee and 1st month's rent then start asking a bunch of super high-maintenance questions. My favorite is, "Do you have a radon test for me? No worries if not. I can get m...
I'm looking into getting my first buy and hold. After looking for multifamily properties a casual conversation with a coworker turned into the potential for me to buy an apartment building from her relative. He...
Dear Agents
Rising building costs are a factor in the increase in home
prices due to the demand in markets besides the United States,
such as China. By implanting green building techniques such as
using locally obtai...
I ran the numbers on this property. Would like to get more feedback on this if my math looks right. 8 unit property with 2 bedrooms in each unit. All units are below market rent at 700. So there is value add to raise...
It's somewhat of a "it depends" answer to this question which is why I'm providing more details below, but I would like to know if it is realistic to expect at least $1,000 clean cash flow from a four-unit apartment b...