I am interested in purchasing a property management business out of South Carolina. It is a short term vacation property management for the most part, and there are 62 doors. They valued the company at $675,000. Howev...
So I have a house that I purchased middle of November this year. It's in really rough shape but currently has tenants. It's an extremely small market and the tenants have like 5 kids, so there's not many places for th...
I'm doing research on the best metro area for multifamily investment. (10 unit+)
I go by positive migration, median income and median home price comparison.
The larger cities tend to score lower on this metric.
Som...
I have a duplex under contract that is scheduled to close in 5 days. Everything was going along smoothly until this morning when I received the sellers' disclosures which noted that the land owner next door believes ...
So I am already in process of buying a property with owner financing (made offer Friday) and another deal has kind of fallen on my lap. Friend of mine has a townhouse, bought in 2008 for 170k, owes 146k (houses around...
Hi all,I am looking for advice on finding tenants. Previously while rent hacking in Vermont I would just use craigslist and facebook to find people to rent out rooms. This would be fairly quick to get responses and co...
Good morning BP!I’m considering purchasing a duplex but noticed some un-retained land next to the driveway that looks suspicious. A power pole is about 2-3 feet or so behind the top, and I think the septic tank is 10 ...
Currently, my brother is living in my of units of duplex rent-free in Oakland CA because he refuses to pay any rent that we initially agreed a year ago. The story behind it is complicated, I discussed that on another ...
I have two single family rental properties paid off and I want to go bigger and get into multi-family and am wondering if doing a cash out re-fi is the best way to go for the down payment?
First of all, glad to finally be a Pro member on BP. Looking to purchase a multi-family home (2-4 units) in central Florida using an FHA 203k loan to jump start my REI journey. I'm bracing myself for the rehab proces...