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I'm looking at a multifamily building: about 100 years old, 6 units plus 2 long-term businesses, 4 of the units recently renovated, ~$700K to buy, $92K potential income. The proforma shows $1,200/yr maintenance (along...
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I am working with a seller on three 5 plexes that he wants to sell as a package deal. He is not willing to separate them at least not at this time. All units are currently occupied. Here are the numbers: Asking price ...
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Because this is always everyone's favorite game on here :)I came across a lead yesterday while looking at another property in the area (about 40 miles south of Louisville, KY)I went to take a look at the property and ...
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*This link comes directly from our calculators, based on information input by the member who posted.Hi All,Was looking for any thoughts/pearls of wisdom on this deal. It is a duplex that was purchased by ...
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Purchasing 22 apts and need recommendations on property management software. We need it to be able to collect rents and handle ticketing for general maintenance from tenants.
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So I just recently ran across three apartment buildings in a low income area not too far from where I live. I did a quick number crunch and it looks like it would have pretty good cash flow. Im pretty new to the inve...
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Hi all, I have a third question now. I pay my property manager 10% of the tenant rent each month. So for instance, if rent is 900 then the property manager gets 90. I've noticed recently that the property manager is n...
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I am looking at a new property in Greenville, SC as a buy and hold. I live in Virginia. It's under $200K, no maintenance, no rehab as the builder is on the hook for it first year. I did the analysis and it looks lik...
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Where's the best place to purchase countertops from at a good price? Local vendors or Lowes, HD, etc? I have been purchasing most of our reno supplies from Lowes since we get military discount and cash back through Ib...
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I'm trying to analyze this 4 plex which I would be occupying with an FHA loan. I understand the low equity and mortgage insurance will cut into my cash flow, but I'm not seeing much returns from this property. Can you...