Hello BP members!I have been eyeing some 4-plexes offered by a turnkey company in Dayton. Here is an example of one:514 Wiltshire Blvd, Kettering OH 45419Its 4 1bd/1ba roomsI want to get everyone's opinion on how good...
Hello All-
New to investing and had a few questions for those seasoned investors. My wife and I are looking at the mid-west to start investing (Ohio, Wisconsin, Indiana, Pennsylvania or Kentucky) My question are in t...
September will be 2 years ago that I started this process. My first purchase was a house I learned that trying to use family to do the rehab is a bad idea. That process only took me about 2 months I know I'm slow my w...
Hi there, I've posted a few messages in the past, and wanted your opinnion.
I've talked to plenty of landlords in my local marketplace, and it seems that the majority of the landlords have the SAME mindset.
Most lan...
I got this deal on my lap and it has 176 units in Atlanta (Decatur) 95% occupied. According to the P&L it gets around $993k on rent with about $375k on expenses. The buyers broker wants 4% commission pay by th...
Hi all,I am new and looking at buying my first investment property. I am looking at a quadplex built in 2017 in the downtown area of a city I know pretty well. Gross rents = $101k a year. Insurance = ~$1300 a yr.Taxes...
I’m a new investor in the St. Louis area but haven’t bought my first property yet. I’m looking mainly in the South City area for a multi-family, cash flow property. My biggest concern is that almost all the properties...
Hey BP!!! It’s official I have my first accepted offer (phew). I was hoping to get community feedback on the numbers. I’ve got some feedback from my biggest critic, my dad, and he’s advising against it and pretty much...
I estimated 5% property management, 10% for maintenance & 10% for capital expenditure in Montreal, Quebec, Canada area; and that would makes most deals a bad deal. I'm wondering what percentage of rents do you all...
Need assistance analyzing whether or not this is a good deal.16 unit multi-family (1br/ba)100% occupancyCurrently renting out each unit for $500 (about $100-$150 below market rents)6.7% cap rateGrade C areaSeller ask...