Franklin Marquette
ADU Valuation | LA County
When building ADUs, do they generally create value uplift for the property in the same way that the main house is valued?That is, if the median $/sq ft for an area is, say, $450. Would any new ADU sq ft add $450 / sq ...
Alfred Derrick
Building a Duplex or Quadplex to House Hack
Hi all,
I’m new to the BP community and really excited about to prospect of starting a real estate portfolio. I am considering the purchase of a duplex to house hack my way to a decent-sized portfolio of multi-fami...
Chris Pohlson
My First BRRRR
Bigger Pockets has been instrumental in helping me get my REI business off the ground. I would have never been able to complete this transaction without the help of the BP community. The seller of this house found m...
Kyle Steiner
Sell California Condo or Sell and 1031 into OOS Multifamily?
Edit: The title should have been "Lease California Condo or Sell and 1031 into OOS Multifamily?"I have a condominium I bought about 5 years ago for $60,000 that I can sell today and walk away with about $100,000 after...
Scott Passman
Completed Long Distance BRRR of Turnkey Purchase
I always see so many questions about turnkey properties, long-distance investing, and BRRR’ing properties so I thought I’d share my first investment experience since it consists of all these things.
Details:
Purcha...
Account Closed
2-4 Unit Multifamily Acquisition in New York City
Looking for anyone who's brain I can pick about their relevant experience investing in small multifamily in NYC or other high-cost entry markets around the US-I work in commercial and am interested in making an inves...
Jack Tucker
Determining market value of vacation rental? $6200 income in Nov
The question has come up in this string about what the market price may be on this property? I'm familiar with commercial and residential comp valuation for SFRs and MFs, but are vacation rentals a different animal? I...
Jason Insalaco
Future Los Angeles Multifamily Sales Onslaught/LA Retrofit Law
Owners of thousands of Los Angeles wooden apartment buildings at risk of collapse in a major earthquake will begin receiving retrofit orders as early as February 2016, according to the Los Angeles Times. The LA City ...
Greg Grant
Commercial property advice
Thinking about buying a 7 unit building in a class C area. I wanted some advice if I should or shouldn’t buy it? Let me break down the deals. Sale price $125,000 I am thinking of offering $60,000Rehab $110,000 it need...
Joshua Ferrari
Multifamily Cap Rates
What is everyone seeing, on the commercial multifamily side of things, in respect to cap rates during this market cycle? I've got a deal at a 6.82% cap rate, and a partner saying that's too low. What is everyone else ...