Hi everyone,
I was wondering whether you think it is a good time to invest in multi-families in Manhattan (ranging from 3 to 20 units) or neighbouring areas. I am looking at Harlem, Astoria, Brooklyn. Upper West Side...
Apparently the White House is pushing for national rent control. Landlords with 50 units or more would be limited to a maximum of 5% annual rent increases. The linked "fact sheet" is, well, oddly light on facts. For s...
Hi,Looking for feedback from local Milwaukee investors.I currently reside in CA but am interested in exploring the MKE market as I have family there and a property manager I might be able to add to my team. Seeking a ...
Hi all,I am looking for some advice regarding renewing a tenant's lease that is set to expire soon. I reached out to them to renew and offered a 1 year lease at the same rent they are paying now or a month-to-month le...
Gooooood mornin’ BP!What are the top factors that you study when exploring if a new market can be the next one for you?
Several common ones that I hear often are the population growth metric (see if there is a positi...
Curious if any investors (outside WA) are watching or interested in acquiring MF props in the greater Seattle-Bellevue-Tacoma markets. Are we even on your radar? There are more than the following points but here are...
Hi BP!I'm beginning my journey here for my first flip and thinking of using equity from HELOC and business cash to fund my first flip, but thinking about the next deal it wouldn't be enough to go from 1 flip to say 3-...
Hi everyone,
Hope you all are doing great. First, I want to thank the folks here on BP it's wonderful to be able to speak to so many people who are willing to share good information with each other.
I come from...
Investment Info:Large multi-family (5+ units) commercial investment investment in North Carolina.Purchase price: $500,000Cash invested: $150,000 18 Unit C-Class Apartment Building (purchased in November 2018)What made...
Hi All,This is a very basic question, as I am relatively inexperienced with REI. How different are typical mortgage terms for 5+ unit apartment buildings compared with 1-4 unit? I have owned two 2-family homes, so I...