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I just found a 3-unit rental one block away from a college in a Class B/C neighborhood. Asking price: $380kRent: unit 1 $1200 tenant occupied , unit 2 $1200 currently empty, unit 3 $800 tenant occupied. Concerns: Unit...
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Hello,My fiancée and I just purchased our first home. The home we purchased sits on a .4 acre lot that was legally divided into two lots by the previous owner. I’m looking to get some advice on just what to do with th...
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Looking at a building in Pawtucket that is currently commercial first floor with 2 one bedroom units on the second floor. The commercial space is vacant, and I don't have a ton of faith in small businesses as long as ...
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Looking at my first multi-family today (4 plex). Got a copy of the rent roll and it appears that the current owner is paying all utilities (water, electric, garbage etc)....cutting into a major chunk of the monthly c...
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Hello Fellow BP'ers,I'm in the process of exploring the KC area (downtown and surrounding areas) to purchase small to mid size multi family properties. Size range, depending on pricing, will be 8-20 units. I need some...
Hi, I am looking for some new sources of free house plans to inspire a new build I am about to partake. What are some of the best websites you have found for house plans?
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So my parents bought a tri-plex in December and have had nothing but problems with it. One unit went vacant for a couple months without our knowledge (I know, newbie mistake.) We had to do a ton of repairs and now its...
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Never encountered anything like this before so this should be a good learning experience. Guest reached out to me to let me know there isn’t any power in the house. I’m sure due to the Tropical storm we are experienci...
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Hey BP! I recently purchased a 4-family in an okay area of St. Louis and with the building I've inherited 4 tenants. A month into ownership, a few neighbors started complaining about the neighbor from one of the units...
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Hello all,
My girlfriend is doing her Master's degree at San Jose State University in the Bay Area of Northern California.
She moved into a house where all the rooms are rented out to different students...