There is a 14 unit mobile home park with 2 single family homes for sale a short distance from my house. Less than one mile to be exact. It has been for sale for some time and I just recently called and got the figures...
Hey All!I am glad to finally get started with the Bigger Pockets community! I have heard a lot of good things and wanted to jump on the bandwagon myself. I am actually very excited and hope to be very active here. I h...
Can someone help me understand how appraisers generate the values during the appraisal process? I am reading our appraisal report and trying to make sense of it.We own a duplex and occupy one of the units. Back in Nov...
Hi BP members:What's your thoughts on doing a Freddie Mac vs. local commercial bank loan for a small MF apt (acquiring a 30 units apt)? Freddie Mac loan has its own advantage obviously (non-recourse, fixed rate, 30 y...
Unfortunately I've been away for a few months while taking care of some personal matters, so I haven't been able to keep up on discussions.
However, several months ago there were ample amount of folks here insisting...
Hell BP members:Hope you are doing well. I was curious on what strategies or tips you may have on trying to find good deals on multi-unit bldgs. I am based in Chicago and feel there is not much inventory out there on ...
Hello BP- First off this site is awesome!! The information is invaluable.I bought my first multifamily a 1.5 months ago and it has been some experience. It was purchased for a buy and hold. The property is a 4BR 2Bath...
Hello all,I am working with a few wholesalers in the Detroit area and I need some help. Can anyone give me some ideas of which areas are really bad and to stay away from? I am not familiar with Detroit so any help i...
Hi BP! My first post. I love this site. What a fantastic community and source of knowledge! I am an investor/entrepreneur looking to do something in a commercial property niche I can't find many resources about: tr...
Hello All- It's been all over the news that rents are skyrocketing although the trend seems to be cooling off in some places. Are you raising rents on your tenants? If so, how much have you gone up and what has been t...