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I have a few questions about investing in Multi-families in Chicago. What are the monthly expenses when owning a multi family in Chicago. I know you have to pay mortgage, taxes, home insurance, and utilites. Im lookin...
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What are some guidelines for low income tenants with less that desirable work or incarceration history?We just finished a 12 unit apartment building in a small town in Ohio. This is our first time working with low inc...
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What rent increases (or decreases) are anticipated in the coming months? This varies, of course by location and type of property. Also when will new rates be adjusted, or is this based on "wait and see"?
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If anyone has a strong understand of DSCR loans, I would greatly appreciate your input.- Say you're purchasing a house/condo with $3,500 PITI- Sellers have STR receipts going back 2 years, showing $40k per year in STR...
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Projecting Major Disaster areas when investing
2006 may be a dangers time when investing in real estate so projecting your potential for disaster can be a great aid to your success.
History shows the following over ...
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Good deal or bad deal ?! What should i offer ??Help please Asking price: 825K13 units multi family apartments12 units : 2bed/1bath rent for 750$ a month1 unit : efficiency room rent for 400$ a monthWasher/dryer room e...
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I was wondering if you had any input as to the closing costs that you typically conduct deals with and charge buyers and sellers.Is it different based on the state that you operate in?
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This is kind of an embarrassing question but I'm trying to find an article or blog that lists decent ranges to consider on certain criteria when evaluating multifamily (i.e., cash on cash return, CAP rate, etc). Does...
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Duplex came up for sale in Coral Gables listed at 120K.
There is no listing nearby which has sold in the past year for under 200K.
Property requires light rehab.
I offered 122K. Received email today that I got the pro...
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Has anyone used the Rehab Estimator Tool by PropertyMOB.com? It uses National averages of rehab costs and I am wondering if it is worth it or needs adjustment for regional differences. I am investing in Jacksonville...