Closing on a 4 plex next week and I have some questions.The building is residential style, it is a large home split up into 4 units with individual exterior doors. Property is mostly rent ready, however 2 units share ...
Hi all! I am currently house hacking a condo in Washington, DC that nets me $10 per month! There is definitely a space trade off but currently have two low key renters that are covering all my expenses, utilities, etc...
Hello everyone!I'm looking to do my first house hack with no previous landlord or investment experience. I currently have the opportunity to buy a fourplex from another investor. I'm trying to discern if I should be a...
Howdy BP,
I'm just beginning to contribute to community forums, but I have previously written about recent successes with the utilization of seller carried financing. In my previous post I highlighted that the proper...
Click on the pics above for the MLS listing^^^^^^Sorry for the dramatic title but I am really having issues with my numbers. I was hoping some of you guys could help me out. This is my first investment property. I've ...
What do you guys look for when considering multifamily properties?
I'm looking at a 7-unit property currently with the following figures:
*Total Gross income (Rent + Laundry): $78, 000
*Operating Expenses: (Based on...
For those who manage 3+ flips at a time, I'm curious what bookkeeping software you use and how you keep all the expenses properly matched to each property. I use QBO for my corp books and Stessa for my rental portfoli...
Hi BP community! I'm looking for advice on whether I should purchase my father-in-law's 6 unit apartment in Burien, WA (10 minutes south of Seattle) as my first deal, or perhaps help find him a seller that would pay ...
I just purchased a rental property in Fishers, Indiana. Is it normal to have the tenants pay for sewer, water, and trash? In Hamilton county all of these items are paid for separately.My property manager is telling ...
This property was a typical run down rental that you see frequently in San Antonio. It is a 3/1 and was built in 1951.I bought it through a TX contact, and we did a full rehab and flip. It took about 70 days to finish...