David Carter
Is this a good deal or not?
Three condos are being bundled together and sold for 115,000 total. Each one is a little over 1000 sq ft and can rent for 650 each. Using the famous "50% " rule, these still look like a good deal. The only problem is ...
Antone JAmes
Deal or No Deal for a Triplex
Greetings,The deal (Triplex, 3-unit) VA financed loan (no money down!)purchase price- $400,000 @3.375%property tax- $1200 AnnualInsurance- $1000-1200 AnnualUtilities $3600 (water only) Annualother cost ($200) Annualva...
Thomas Fosnaugh
Potential 4 Plex Deal
Looking at another potential 4 plex deal. Fully occupied, Listed at $129,000, #4 2 bed, 1bath units rents for $525/unit now, zoned commercial so would have to use commercial financing, tenants pay electric, landlord ...
Brian Lewis
Cashflowing Cleveland Suburb Duplex / House Hack
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Duplex built in 1964, 3 beds/1 bath up and down (rare find for duplexes in the area).
What made you interested in investin...
Jason Krasavage
Chicago Rentals - 2021 Property Tax Hike, Passing onto Tenants?
Curious about everyone's thoughts on this. 2020 was a weird year for so many reasons, but one result of the pandemic here in Chicago was a temporary decrease in Assessed Value of properties for the 2020 fiscal year. O...
Jay B wolgamott
a 4 plex cash flow numbers seam off?
So here's the scoop a four unit with rent at $425 for a total of $1700 a month, asking $124,000.( owner pays water)It took a couple of weeks to get the cash flow report. So after looking at it the numbers, I had some ...
Mashy Green
Turn-key property analysis
Dear BP community,I am currently looking at a particular property. It's single family, section 8 tenant occupied home.the selling price is $100k, the monthly rent is $1300 (80% paid by section 8 HUD )RE taxes $1400/ye...
Joachim Lassen
Forced appriciation - How to improve your cashflow.
So I have bought my first 5 plex. And I would like some inspiration on how to improve cash flow. I will, however, try to make the thread as wide as possible, so that many people might find things that they can use. Th...
Marlon Messer
44 unit value add apartment complex with owner financing
Investment Info:
Large multi-family (5+ units) buy & hold investment in Orange.
Purchase price: $1,500,000
Cash invested: $400,000
44 unit apartment complex built in late 70's and early 80's with...
Scott Brandt
Remote water metering
I have recently received several high water bills because the tenants have not indicated that they had a water leak. Does anyone know of a low-cost remote monitoring system that I could place on my apartment building...