Hi everyone!First time poster. Really love all the knowledge in the forums!Me and my SO are in the process of closing on our first duplex in the Chicago south-side area and going through the home inspection. We plan o...
Hey everyone,I'm in the process of purchasing a multi-family apartment building and just discovered none of the current tenants have any kind of move-in inspection. A bit weird for me. I'm use to a move-in inspectio...
I've been looking at several Category 2 Vacant buildings. A couple of them are up on Hubzu and Auction.com and are bank-owned buildings and have not had the code compliance report completed yet. Can the bank sell the ...
Hi BP folks..I've been noticing in Cleveland quite a few Triplexes for sale but are on public record as being a *Duplex*. It seems the city has looked the other way on many of these for years.My questions are:- Has a...
I just had this sent to me about rental inspections in Balto city . I deleted the company name Dear <<First Name>>,As of December 31, 2018, the new Baltimore City rental property inspection laws are i...
Hello everyone,I am making some offers on properties sight unseen on MLS (retail and REOs) and something came on may mind. Let's say: the seller accepts my offer and I do inspection on my own without an official inspe...
Hi Everyone,I am writing this because I recently came across a potential deal, and am looking for advice. I found a home in Janesville Wisconsin (I live 20 minutes away) that has been converted into a four unit. Thoug...
Have found a property I am seriously looking at. Needs new roof from deck up. Have not been able to source a supplier for fire retardant ply wood and lumber. Any One know of something close and preferably the cheap...
If you had $1M in equity, what would be your strategy to invest in multi-family assets?
- Fixer-uppers?
- Cash flowing?
- Leverage an asset as high as it will go?
And why?
I am looking to invest in my first property but live in Massachusetts. I am thinking that it is becoming more impossible the more I talk to a loan officer. I am looking to house house hack and it seems the multifarity...