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We're currently halfway through development planning (including soft costs) to a coastal multifamily development project. Looking for any anecdotal references on developers who have delayed current WIP projects due to...
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Good morning All,My mom owns a 4-plex in the Bay Area. She is currently living in one of the units. Zestimate according to Zillow is over $1.2 million. It's a 11 bedroom and 7 bathroom. Current mortgage amount is $290...
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Are we still singing the same old song? "Prices won't come down!" I hope not, remember folks there is a lag between rate increases and falling equity prices. We are still running on comps from late 21 / early 22. If y...
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Our tenants current lease is up June 1st. We sent a lease renewal form for the next year with a rent increase of $20. Mortgage expenses had gone up by $50 in the last year. Tenant is interested inside renewing for ano...
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What would you do if your monthly income overnight increased $8k, with no lifestyle creep, and received a 1-time cash amount of $1m? Especially if you were a newish investor who’s had 2 previous SFH deals and is look...
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Hi all, I'd appreciate your opinion on what to do in this situation - Just purchased a duplex today ( 7/6/18 ) with long term tenant paying same rate of $1100 since 2011 for a 4 bedroom 1600+ sq ft, 4 BR 2 car unit in...
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Hello world!My name is Tore, and I'm totally new to the whole real estate game. I'm here to learn.About:Name: Frank Tore Thornæs, you can call me "Tore".Age: 28From: Trondheim, NorwayJob: Incident Manager, for a retai...
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I am closing on a small multi-family at the beginning of June. It is a house with three accessory apartments: we'll be living in the main house and keeping the three existing tenants who currently have month-to-month ...
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Hello everyone! I am about to pull the trigger on an 8 unit multi family building in Delavan WI. The property is located in an area that is appreciating and growing rapidly. This will be my first commercial multi fami...
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My investment account is currently worth $380k. Would you cash it in in order to make a 25% down payment on a 16 unit apartment complex? I would have to pay about 35k in capital gains. Here are the numbers: $1.4 m...