Johann Jells
Is a roof deck on a multifamily worth building?
I have 2 properties that could benefit from roof decks, a 3U that already has a common yard and a back patio exclusively for the ground unit, and a 4U that the ground unit has a private yard. The latter is 3 large uni...
Mohammed Shahriar Rashid
Is it worth converting my Brooklyn home into a two family?
So I have a home in Brooklyn, NY that is worth a lot. A little over seven figures. It's a small home but I'm thinking of renovating the top two floors as a single unit. It would be a 3 Bedroom / 2 Bathroom will a park...
Brianna Johnson
Real estate investing
Can someone explain the Refinance part of the BRRR method? Along with house hacking tips for kitchen and bathroom?
Joe Smith
small markets and smaller buildings seem to cashflow better...true??
From the research I've done, it seems there is a frenzy in the "big" markets like LA, NYC, etc that has pushed cap rates on fancy Class A buildings to ridiculously low levels, while the "secondary" and "tertiary" mark...
Tony Sierra
increasing rent for tenant
Hello my fellow BPers.
Please share your wisdom on my situation. I have a duplex, live on the 1st floor (2 beds, 1 bath) (soon to rent out) and my tenant lives on the 2nd floor (1 bed, 1 bath).
As we know, inflat...
Account Closed
Buy or sell rental property to buy another one?
Hi there,I have the opportunity to buy a rental property outright but I would need to sell an existing rental property that has some equity but isn’t yielding much in monthly profit. I’m thinking that to really start ...
Jacob Camilliere
Rent Control question
So my family has owned a 6 unit (4 bed/1 bath units) apartment complex in westchester, NY for almost a century, and I think it is time to see if there is any way we can get round the ridiculous rent control. The rule ...
Jake Dotson
Getting Hammered on Property Taxes
Hello,
Wondering if anyone is having a similar issue, and what you are doing to avoid it or help compensate for the extra costs. I have two Multi-Family properties that have had their property taxes significantly inc...
Brandon Williams
Note Experts - Advice Needed
I have a property that I sold owner financed in 2017. The buyer approached me about refinancing and I wanted to look at this as an opportunity to restructure the deal to make it more attractive if I want to one day s...
Bill Sargeson
Consolidating rental loans advice
I currently have 7 properties with individual commercial loans on them totaling $192k. They are all 1-2 years into the loans.
5.5% variable
10 year amortization
5 year balloons.
I have b...