Colin Rimel
University of Montana 5-plex
Investment Info:
Large multi-family (5+ units) buy & hold investment in Missoula.
Purchase price: $812,500
Cash invested: $162,500
Purchased for 362,000
Rehabilitated existing building to 3 unit...
Richard Dull
Can you split a duplex and sell individually in Aurora, CO?
I have not tackled this in Aurora as of yet. I have an off-market lead for a large duplex in Aurora, CO. Mix: 4bd/2ba & 5bd/2ba. This seems like a good opportunity to split these into two units and sell individual...
Account Closed
What percentage of your deals come from the MLS using the 70% rule?
Hi everyone, I was just wondering how successful investors are finding great deals on the MLS. I've offered several thousand dollars over asking price on properties in the southside suburbs of Chicago. Everyone has be...
Steven Barr
Real Estate Litigator recommendation - Atlanta
I am in Atlanta and was sold a subdivided lot that turned out to be not properly subdivided and was never disclosed. I now have hundreds of thousands of dollars tied up in a property that the city will not issue me a ...
Jacob Rothfield
Rezone SFR to Duplex in San Antonio
Have you been successful in rezoning a SFR to a Duplex in the city of San Antonio?From R-6 AHOD Residential Single-Family Airport Hazard Overlay DistrictTo R-6 CD AHOD Residential Single-Family Airport Hazard Overlay ...
Paul McDonald
MFH -> Condo Conversions
Hey BP, first time poster here, pretty new to REI and exploring some new strategiesOne approach I am interested in learning more about is conversion of 2/3 unit MFH to Condos and selling them separately. I see some a...
Lance Johnson
Land during economic downturns?
I've been investing in rural vacant land for the past couple of years and am looking at diving in more.That said, I haven't had to live through a downturn 🙃.The big things I've thought of are:1. Sales price of land we...
M Marie M.
Historic landmark/districting a cautionary tale
This is a cautionary tale for "absentee" landlords and property owners who own properties in neighborhoods that are not yet historic districts. My day job and my neighborhood activism gives me knowledge, experience an...
Jason Lam
Get own title company or use lenders?
I’m about to refinance a property, does it make sense to go price shopping and find my own title company or just use the lenders? I honestly don’t know the price variance here and if it’s worth the time and effort. An...
Jisu Yu
How is the process of rezoning?
Is it difficult to do rezoning?
Hi I am purchasing a multifamily home for my first home.
This property has 4 units but actually its zone is R2, duplex.
It is lovely home but the only problem is rezoning... Do I tak...