Kevin Q. Parker
Boston-area Multifamily Options: Math isn't making sense to me
Hello folks, I'm hoping to get started in real estate investing next year. Specifically, I'll be looking to buy and live in a multifamily property in/around Boston. I should be able to finance up to about $1.5M. I'...
Eric Tonnemacher
New to Multi-Family investments. What to look at?
Hello, I'm currently looking at multi-family investments in my area and as a new investor and I'm caught up a little on the analysis side of things. I would love to hear some suggestions and what other MF investors fo...
Nazz Wang
Water Damage Caused by Tenant - Charge Them Now or Out of Deposit
Hello BP Community,I have some regular tenants that caused water damage to my bathroom floor and drywall as well as the downstairs neighbor's bathroom roof because they were filling a water can and forgot to turn the ...
Nancy Curran
Wear and tear vs. not wear and tear
A tenant just moved out (a couple) after living in one of my apartments for about 4 years. Good tenants, paid rent, didn't complain much. When they left, I walked through the unit and they left it in pretty good shape...
Shaka Farrier
How do I negotiate this duplex without scaring seller away
Hey BP, Ive finally found a small multifamily here in the Hampton Roads area Virginia. It's a small duplex built in 1953 that is in very good shape. I plan utilizing my VA loan and owner occupying for the required yea...
Zach Adams
Next deal: 1031 exchange for a Multi-Family Quad
Good evening all - I'm looking to purchase a multi-family quad for my next deal. I have a SFR in Atlanta that has about $55k equity and could sell for $165k. CapEx has been one thing after another and every time I g...
Alexander Churchill
Cash out Refi on rental property using COC ROI method
Bought a rental in December 2018, got it for a bargain. Put a roof on it and now Zillow has it estimating at 50k more than what I bought it for, put 25% down plus another 10k for the roof which puts me around 35k tota...
Kevin Z.
Should I Buy or Hold? Seems complex!
I consider myself a numbers guy, but I'm not sure what numbers to use to help me decide whether to buy or sell. I'll try to be as specific as possible. I'll answer any questions if it helps you...to help me!I own a SF...
Francesco Barbati
Making a low cash offer appealing in a hot market
Hello BP crowd!I am about to make a cash offer for a condo and the market here is hot (Boca Raton, South Florida) from what the buyer agent said. I am really motivated in acquiring that place at the right price and it...
Peter Aziz
Problem with the 50% Rule
Hello, BP! I hope everybody's doing well around here. In thinking through the 50% Rule, and modeling it out in my spreadsheets, I am finding myself very uncomfortable using it. Here is the hurdle that I'm mentally up ...