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Hi, I purchased a rent to build property in July 2023 in Memphis, Tennessee. Property management is advertising its since last 3 months and still unable to rent it out. How long does it takes to get property rented ...
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I haven't seen anything in the forums less than a year old about this, but here on phoenix I hear a commercial for Offerpad/Opendoor perhaps 4-5 times a day. Always kinda figured they must lowball quick cash offers an...
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IntroductionOn 1/31/2020, I purchased my first two rental properties. One of which I just sold last week, on 5/27/2021. The following write-up is a detailed analysis on the numbers, from purchase and closing costs...
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So with an apartment building I inherited some contractor tenants which now are leaving.
Downside:
1.Contractors income goes up an down.So one month they have rent and the next have a partial or want to do work for ...
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Hey BP gang, I'm wanting to step up into the larger multifamily properties and move away from <4 unit buildings. When it comes to running financials on larger properties I know I need to include PM and CapEx expens...
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Hello! I am interested in owning rental properties in the Bay Area and Stockton areas of California. I live in San Francisco and have a goal of owning my own home (SFH or multifamily) in San Francisco, Oakland, or nea...
Hey Everyone, my goal is to analyze at least 1 MFH deal a day for the next 30 days. For Today's Deal, I am analyzing a 24 unit complex I found on Loop Net (Address: 11519 Pecan Creek Pky). Below are the details:Ask Pr...
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Hello, I'm a new investor looking for my first property. The Seattle market and close surrounding areas are too expensive and competitive right now. Is anyone familiar with the Bremerton, WA market for rentals? It ...
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I have not had a mortgage yet, and don't have any experience with this, but was wondering if it is possible to finance three houses with one mortgage? Say I want to buy three houses at 33k each, could I get a single 9...
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What % should expenses be in relation to gross rents for multifamily properties. For example: While evaluating a deal, for the sake of easy math, a multifamily property has gross rents of $100,000. The Actual or Pr...