Alex Molina
Is it worth taking on negative cash flow multi family starting out ($-200 a month)?
Hello,
I'm in the mist of buying a 2 unit multi family in CT (New Britain). The current market in this area is pretty hot due to low inventory levels. I plan on purchasing a property that will break even or produce ...
Rand Linton
Evaluation of Multifamily Foreclosure
Total newbie here. I've been looking at a multifamily complex that has been foreclosed upon. I am aware that multifamily properties are purchased based on NOI and the applicable cap rate for the market. The informa...
Jeff Schemmel
N. St. Paul Duplex House Hack
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Saint Paul.
Purchase price: $310,000
Cash invested: $12,300
Contributors:
Tim Swierczek,
Adam Tafel
...
Adam Mayberry
California - New ADU Laws
Its sort of unclear just when this will all take effect, especially at a local level, but sometime in 2020, all California Single Family Home Zoning (and some MultiFamily Zoning) will allow a Detached ADU (no FAR / lo...
Edwin Loredo
Los Angeles: Adding an ADU to a Multi-Family (2-4 units) Property
Hey BP investors/landlords, first post on the forums, and looking to get some advice when it comes to ADUs in the Los Angeles area. I currently own a 2-unit property with a garage that I plan to convert into an ADU. D...
Lynn Ramdin
Qualifications for a commercial loan
Hi BP Community!I am looking at an 8 unit apartment that is listed under $500k. Would it qualify for a commercial loan? Some people have told me that commercial lenders won't look at anything less that $1 million. If ...
Patrick Flanagan
4 plex flooded
Hello, I’m curious if anyone has any tips on dealing with insurance companies? I had a pipe freeze and break on the top level of my 4 plex, it flooded the attic for 10 hours. It flooded the top and bottom units. The ...
Barry Sanders
Underwriting Rent Increases on Large Multifamily
When it comes to building your own models how do you underwrite value add rent increases ie: bringing rents up to market at lease renewal/ bringing down units onlineIt can be done manually when investing on a small sc...
Bienes Raices
Is vinyl tile always a DIY project?
I've heard that the vinyl tile with the adhesive on the back is a no brainer to install DIY. But what about the other types that don't have the adhesive? Would it be a total waste of money to have a contractor install...
Jorge Abreu
Seven-Step System for Evaluating a Market
Step 1 Population Growth
Use city-data.com to research the city’s population
Goal: Since the year 2000, has the city’s population gone up at least 20% (Ex: Phoenix, Orlando, Las Vegas, Columbus Ohio)
Step 2 Incom...