James Kandasamy
Achieve Investment Group Acquires First MultiFamily !
Hi BPers,Achieve investment Group would like to announce about their first Multifamily Acquisition in San Antonio, TX. This is a value add 45 units apartment in South San Antonio. This acquisition marks the transition...
Jean-francois Ndomb
HAVING SECOND THOUGHTS - NEED PURCHASE ADVISE
Hey BP,I am in the process of making a final decision about buying this 4 unit flat, independent layouts under the same roof. The numbers from last year that I got from the seller are in the table below. With all incl...
Shelton Davis Jr
Buy My First Home or Multi Family Unit first?
Buy my first house with a 100% financed mortgage loan from my bank?
OR
Use the mortgage loan which would be 90% financed from my bank to buy a multi family unit? and then eventually get my very own home.
Why or why...
Vincent Parello
Analyzing Rental expenses Illinois, Chicago
Hey everyone,I had a question about analyzing rentals, I see people add the expense of Maintenance, Property manager, and vacancy along with others. And I have learned that people use a percentage of the rent to figur...
Reggie Youngblood
Help With Offer On First Apartment Complex
I came across a seller that was looking to sell a 8 unit apartment complex out here in Houston. Problem is, I have no idea on how to evaluate the property to make an offer. I have the rent roll and P&L statement...
Jason Malabute
Cap rate in Los Angeles
I’m just curious what is the cap rate in Los Angeles and in the valley?
John Jimenez
Advice or input needed on recent purchase. Did I mess up?
Hey all,I would greatly appreciate it if anyone could let me know if the home I recently purchased will end up biting me in the butt!So here's some backstory: I recently closed on a twinhome (just one side) for a tota...
Karen Kushner
STR Bonus Depreciation Rules
Hi All,Looking to buy a STR at the Jersey Shore this year, meet the material participation requirement/100 hrs, and take bonus depreciation on the unit for 2024. I have a few questions regarding this strategy:1. What ...
Justin D Schwartz
Insurance company harassing me
Hey guys,I'm looking at buying a 4plex but I have a few concerns.My last duplex I purchased back in January had an older roof, older water heater, and older AC system (air handler). The insurance company started givin...
Udoka Omenukor
Do I Have To Save Up...?
I am saving money to purchase a home. I was told if I go to a hard money lender, I still need to use my own cash for part of the deal. I'm saving around $15,000. I'd buy the house, use hard money lender cash to rehab ...