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I just finished BP podcast ep. 48 and the guest gave a lot of good advice, but one piece he gave that stuck out is that he buys durable materials that aren't just "trendy". They withstand the test of time financially ...
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Regarding flooring, any opinions out there on whether buyers have a preference for hardwood or laminate? I was thinking of going with an engineered hardwood (more stable and cheaper than solid) over laminate so I can ...
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Hello all,I am currently analyzing a 9-unit MF in Manhattan. 8 out of the 9 units are rent stabilized, which really affects my cashflow. I know you can convert RS to FM by giving in writing, a note stating that you wi...
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Hello I have property Im looking at the offer is 52k and the renters are long term tenants that pay 900 monthly. No repairs needed. The owner is asking for 2k to go to the title company and he will give me 4 months to...
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Hey everyone,
I'm evaluating a multi-family deal and could really use your insight. The seller is offering seller financing at 2% interest with a 9-year balloon. On the surface, the deal seems appealing, but there's ...
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I've been "collecting" and analyzing multifamily deals in my hometown of Atlanta for quite some time. I'm very familiar with SFR, but have surface knowledge of expectations when it comes to multifamily. I've found gre...
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My in-laws approached my wife about a business proposition in which they would finance majority of home purchases (down payments) and we would manage the properties. Now on the surface it seems like a pretty decent id...
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Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $385,000
Cash invested: $750,000
Sale price: $1,450,000
Designed for sophisticated contemporary living t...
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Investment Info:
Small multi-family (2-4 units) fix & flip investment in Roxbury.
Purchase price: $385,000
Cash invested: $750,000
Sale price: $1,450,000
Designed for sophisticated contempora...
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Hey fellow BPers,Does this look salvageable? Any best practices to get rid of the scratches? Or isitt better off just replacing?Thanks in advance.