How is your MF market price appreciation?I hear a lot of folks claiming their market is on "fire", but nobody ever supports that with data...our local MF market in Columbus, Ohio has appreciated at a year-over average...
We just purchased a 4-plex with a bad roof and one moldy unit for $116,500. We have a new roof scheduled to be installed in 3 weeks, but need to make some big decision on the other renovations. Each unit needs new pai...
Real estate gurus teach: Only buy rental properties based on actuals (actual net operating income) not based on pro-forma (or projected net operating income).Although it sounds good and reasonable, after doing this si...
When buying a property I always calculate 10-15% for delinquency and vacancies. With my portfolio this is a conservative average however I have a fourplex with small one bedroom units that seems to take a long tim...
We just signed a 63 unit two weeks ago and have signed on a 67 unit this past Friday. We are self funding these deals, and they were brought to us by a broker.
How do you find a deal in this part of the market cycle,...
So I bought my first property and this townhouse already has a tenant in it. They pay 976 and I want them to sign a new lease of 12 months for 1300. Is this a good thing? the townhouse has 3 bedroom and 1 bathroom and...
Looking to buy another multi unit. It cash flows well 12% about. I need to put down 25% for this. So far I haven’t had much luck doing any BRRRR properties so most of my properties I work hard and save the money to p...
Scenario: You have $200K to invest. You'd like to acquire a portfolio of approximately 20 rental units that kicks off about $300 of free cash flow per unit, per month. How would you go about deploying that money? BRR...
I am buying a three family home where all three rents are well below market rates.The tenants in place have been there for a few years and reportedly all pay on time.Any suggestions how to address the rent increases,...
Hi,
I'm just wondering what to do with water bill for rental properties. In case of duplexes or triplexes, should landlord pay the bill or should we install multiple water meters and let the tenants pay for themselve...