Looking for some insight on a few things before starting construction on my first rental property! Area is not a high end area by any means, all units don’t have laundry as well as no centralized air. Trying to add v...
So a year ago me, my wife and her parents purchased a 4-plex in Los Angeles. We payed $1.35m for it. They now want to remodel it for $1m, in order to get $3000 a month from each unit. I, however, think we should rathe...
I am a SF investor looking for the first time at multi-family. The property in question is a block of 18 1BR condominiums currently being operated as apartments. They are part of a tranche of ~40 condominiums that t...
I just closed on a place today (4/3/1), and we've shown it to a few prospective tenants, who are interested, but think the kitchen is dumpy and want either a rent reduction or a facelift for our asking price ($1500). ...
I searched the forum and haven't found much.I got a call from ALE Solutions to rent out my house for a displaced family who had water damage to their house for 3 months, 800 above the rent I am asking for. They have ...
Okay, so I have a couple that lives in my 4 plex that have been an absolute nightmare. So far they have consistently paid late and have been a nuisance with their dog (dogs) barking and making noise. They got on a one...
I’m looking to purchase some rental property in the Saint Louis, MO area but the majority of the properties in my price range are older (built in 1910’s to 1930’s). Has anyone had any positive or negative experiences ...
@Bill Labrecque and I recently purchased a 3-family in New Britain, Connecticut as a flip project. Since we are expecting the rehab to be pretty be expansive we figured it would be good for a BP deal diary which we ha...
Often discussed but don't individual markets have a bearing on the Ratio?
What would be the most you would pay for a single family (including rehab and associated costs) for a home that rents for $900/ month? Assumin...
Hello bigger pocketers!
I know, I know, don’t believe anything you see on TV is what they say.
But I was curious to know from people who are in the flipping business already how much of what is shown on HGTV is re...