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Hi everyone,
Needed some advice on how best to raise capital to buy a multifamily unit. I currently own 2 townhouses each worth about 250k-260k each. Both have conventional 15 year mortgages on them at 2.75 and 3.75 p...
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Hi I am looking at a 5 unit on the 2400 block of St Paul St. It has an office on the first floor, and 4 small apts on the 2nd and 3rd floors. I am looking at this as a long term holding that will cash flow initially...
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An 8 unit rental building for $255,000. Mortgage is $1600/month. Taking into consideration any repairs, maintenance, and unexpected vacancies, what would I need to be netting from rentals each month in order for the d...
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So should you update or upgrade your apartment building to get ready for sale? This is a can be a tricky decision to make because there are several factors involved. If you just want your building to look pretty again...
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Hello BP community. I purchased my first duplex (house hack cash flowing about 400 a month) about 2 years ago with 20% down conventional. I renovated the kitchen and bathroom of one of the units. The unit I didn’t to...
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Hi all,Re: insurnace (primary res + rental sfr + Auto)I noticed this year my insurnace premium is increasing on all primary res + rental sfr + Auto by around 30% (3 yrs with this insurance provider ) I never had any c...
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If you have a property and you increases the NOI from force appreciation does natural appreciation occur as well at the same time? Say if I held a property for 5 years, raised the rents and increased the NOI while app...
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We're in process of a renting a restaurant. We have two applicants and can't decide who to choose.Applicant #1:3 store chain restaurant, Latino fusion cuisine, they would be moving 1 store into this location. Restaura...
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Hi, I'm facing two options: build an ADU or buy a triplex.
ADU of 1200sqft, 3bed 2bath
cost: $250k~$300k
appreciation: not sure. the value of existing SFR is $550k, 1100sqft.
collecting rent: $3000/month
Tr...
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I purchased my first property in 2021, fixed it and now is used as a short term rental. We have built equity in the home and would like to purchase another single family home/ multi-family but not sure if it makes sen...