Hi all,I am working on my first multifamily deal and would appreciate any advice you can offer. I have experience owning and operating other forms of RE (SFH, Industrial) but have decided I'd like to go the multifamil...
Any insights into SB584 that places 15% tax on STRs but exempts hotels to fund housing situation? It seems bone crushing high for guests. If you were a new investor in CA market, this tax will lower your occupancy r...
Still trying to figure out if these turnkey companies are truly worth it. One company claims to be turnkey then they give an estimate of how much work the home needs in repairs. Yes, I understand they are doing the ...
Hi All,Along with our first property, we also purchased an unusable lot from the MBTA. The lot size is too small (~1700sqft) to conform with existing zoning requirements. We've been thinking about potentially puttin...
I currently live in Memphis, TN. I'm thinking about renting about a primary home, and getting other people to rent the units that are left over. Is there a website or some other way I can find out if people want to re...
Economic Update
(Monday, August 17, 2020)
The pandemic has reinforced and exacerbated many of the inequities in our soci...
Full disclosure: this long drawn out situation is over, but it is still worth sharing so other members can learn from my blunders. I rented out an SFR to a corporate leasing service (they rented out the rooms on thei...
I have been making an effort to get into my first Multi, but it is slim pickin's in my area (south/ east Massachusetts). It seems investors are scooping up the cherries before they hit the real estate websites. T...
I suppose it is dependent on the area and the demand, but do you buy these houses for rentals?
We closed on it yesterday! It's a 2b/1b. It's a cute home I think. As you can see the kitchen was
gutted so we have to put new cabinets
and counters in. Also fridge/stove.
One thing we discovered today was the
cen...