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 ...
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 ...
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.
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...
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...
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...
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...
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...
Does an exact 1% rule property really work when your are financing the property? I can’t seem to make it cash flow when I add in cap ex, repairs, prop management and vacancies. Am I doing it wrong? All seem to just br...