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Hi everyone,I hope this message finds you well! I wanted to reach out for some advice regarding my current situation with my HVAC unit. I have a 20-year-old Rudd unit that needs servicing. The service company can atte...
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Hey BG,
In Chicago, I am buying a three flat. One of the tenant's contracts end 12/20. The other is month to month. Both are paying under market value. Those two units share a water heater and electricity and gas met...
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I do my fair share of phone calls and networking but every year I have manage to come across a deal so large my brain starts to fume. Few years ago it was a multi-state portfolio spread across 5 states. last year it ...
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I connected with someone recently that said they are paying $600K cash for a 6 unit that is going to generate around $110K in GOI per annum. Wouldn't it be better to put that $600K towards a 16 unit apartment complex?...
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Hello everyone! I am getting started on some rental units, I was hoping if someone could provide me with some insight into Section 8 housing. Specifically on the pros and cons in going that route? Look forward to the ...
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6 Unit - 2 BR each
Rents are $450, $475 & 495.
Asking: Price is $149,000
Owner says the building is completely rehabbed:
New plumbing & water heaters
new separate electric
new furnaces
new windows
...
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I am looking to buy an 8-plex priced at 325K.I understand there is a strategy of asking for repair credit in order to lesson the amount I will need at closing. So in theory - I can offer 350K with a 25K repair credit ...
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I've been using RentRedi for 2+ years - pretty fed up with their issues over the last 3 months. Multiple tenants cannot pay, tons of bugs on the backend, User Interface doesn't load 30% of the time, the support team i...
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Hi BP,I purchased an older (circa 1930) multi-unit building in Pennsylvania. I inherited 3 sets of tenants under conditions that were concerning at the sale (i.e. no leases or rental history), but I understood that t...
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Hello,
My wife and I are looking to buy our first investment property and we’d love to get the advice of the BiggerPockets community.
We found a one acre property in a great location (lots of jobs and great schoo...