Curious what people are paying for insurance on their multi's.I know it changes based on property/location. heres generally what i have been looking at;example, 10 unit, brick multi unit building, 3 story, in good co...
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Hi BiggerPockets, This is my first post to the forums. I am very excited and driven to find my very first REI property. My goal is to find a 2 flat in a Chicago neighborhood and live in one of the units (House Hacking...
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I need your support! I recently came across an Absentee Owner/Turn Key Motel Lodge opportunity in Eastern Colorado. I know this offer is not standard Multi-family investment, yet I ran the Rental Calculator.As a Multi...
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I am in the final stages of closing on a condo in the Adam's Point Area. I did 4 walkthroughs with contractors this weekend and felt more and more confident with each meeting. I have so many questions for the communit...
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I have a seller in Bartlesville OK who cannot afford the taxes and insurance on a 2 bed 1 bath property. I did a walk through and it needs work in every room of the house, eventually a new roof, new windows, and possi...
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Am looking at this triplex which has a good positive cash flow and has a good rental record, with vacancy less than 5%. Its probably in B- neighborhood. I am estimating 10% cap rate, 5% repair and 10% PM costs and hav...
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I'm trying to figure out the total cost of a renovation in the Midwest.On a house I'll sell for 150K, would these numbers be enough? Doing most of the work myself. Flooring, 1300 sq. feet, $4,000.00Baths, (2) $4,000....
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What should you avoid when purchasing your first multiplex or property for rentals ?
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Why is it that so many General Contractors in the California Bay Area drive vehicles that don't display their contractor license number or business name? Aren't they required by law to display these items on their veh...
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I purchased my first multifamily fourplex in June 2012. I paid 3.5% via a FHA loan @ 3.67%. The approximately $400/month in PMI is killing me so I've decided to try and refinance the property. I'm hoping for a favo...