Many of the multifamily properties listed in Chicago (in the $400k-$600k price range) are built between 1890-1920. I noticed many of these foundations have settled, cracks in plaster, dips in the flooring, etc. If the...
Good morning BP members! I'm interested in getting a couple more properties while rates are still low. The downpayment for 1-3 new rentals would come from a cash refi I'm looking at doing on two properties I purchased...
Hello,I was just wondering if anyone has their CCIM. I'd love to get into the commercial side of things and then recently heard the discussion on CCIM. I looked into it and it's definitely expensive and time consumi...
Hi BP Family!
After few years of analysis paralysis, I've finally taken the leap and have purchased my first property. And I am already submitting offers for my 2nd.
My question to you all is what my next steps sho...
I have a single family property in Brooklyn with a MIL suite that I originally bought to live in in 2018. right now its rented out.MIL unit is 1 bedroom apartment = $1500/mMain unit is 3 bedroom apartment = $3200/mdet...
Hi everyone, I've been toying with the idea of putting some nice amenities in my rental units to increase rents and reduce vacancies. I recently did an overhaul in my kitchen in my primary and it was fairly cheap, I p...
I live in NYC. I need to buy my first multifamily property.I have sponsors and investors for deals up to $7MWhat should I focus on and why?I expect to be investing out of state due to compressed local cap rates.Anyone...
Investment Info:Dallas, TX quad-plex that needs reno on two of the units. Units A&B are 2br,1.5ba. Units C&D are 1br,1 ba. I believe this will be $750k+ property in the short term, at minimum.List Price: $645,...
We purchased a bundle of foreclosures from the bank. We inherited tenants and the current rents are month to month and have not been raised in years. (8-10 years) some Tenant’s have leases to prove some don’t, the sto...
I currently own a rental in Northglenn Colorado a Northern suburb of Denver CO. Its a 2k sqft, SF home with 4 bedroom, 2 bath, 2 car garage, large backyard with a large storage shed. It is an older home that we lived ...