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I have been going crazy with a disorganized mess. 8 rentals and everyone pays different ways etc. I decided that I want to set all my rentals up on Cozy.co and manage them better. So far I really like the system and m...
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Just closed on our first multifamily yesterday, a large triplex in St. Louis! That quickly moved us from 2 to 5 units! After closing on a SFH in the fall, we didn't think we'd be doing it again times 3 six moths later...
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Hey BP,I was talking with a friend of mine about investing goals recently. He mentioned thinking about selling one of his properties:-Triplex-Currently rent is under market. I believe each unit pays around $800. He...
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Anyone have any insight into the Central Florida or Space Coast Multi Unit Investing? Being in the RustBelt I find that I am able to get my hands on Multi's that typically need some updating and can increase cash flow...
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I am working with another BP member and funding a flip. This is a "trial balloon" so to speak. Numbers provided by my partner look appealing. If it works out as planned the returns will be higher than simply acting as...
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We have flipped two higher end houses ( well one and trying to sell the second) and have two lined up for this year. These will actually be tear down and builds. I have also found a couple houses that make sense for...
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I wanted to find out what the general consensus was for landlords in terms of their insurance. I was told for liability protection to obtain $300k in liability on an umbrella policy for all of one's rentals. ...
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Regarding the BRRRR method, let's say you acquire a property below market price. You do a little rehabbing and raise rents after the lease is up. You do a cash back refinance on the new appraised value? Pay your priva...
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Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $4,900,000
Cash invested: $2,100,000
We purchase a 104 unit apartment complex with other investors by ...
I am super interested in the BRRRR strategy and just want some clarification on how to use a private lender. I would want to use a private lender to put 20% down on the house and 12 months later refi and pay the lende...