I recently sold a rental property that netted me a 6-figure profit. One of my considerations for my next investment was to purchase a vacation property that I would then list on airbnb and VRBO. I would make much more...
Hi Folks,If the property tax deemed ridiculously expensive and I want to appeal the county to lower it, Can I delegate this task to a third party?If so, Is there any company out there that doing this?
Investment Info:
Large multi-family (5+ units) buy & hold investment in Cleveland.
Purchase price: $2,220,000
Recently acquired a 42 unit, C+ property in a solid suburb of Cleveland! Deal was direct ...
Are there any investors out there who have looked into newly constructed multifamily/commercial properties in opportunity zones that don't require any substantial improvement? Has anyone ever invested in a property li...
Hi BPers,I've been speaking to a lot of sellers about the sandwhich lease purchase and many of them want a down payment. I give them that I usually don't give a down payment if I'm paying full market price - However, ...
Just got my re-assessment letters for 2016. Is it me or has the City of Milwaukee gone insane?My LOWEST increase on a multifamily property was 25%. I had one at an 80% increase!!! Most were around 40-60%.Has anyone el...
Hi,I used to think an average ratio of gross expenses to gross income for multifamily rental property should be at least 50%. It is about OH properties which are 40-50 years old. But what's interesting, financial stat...
My wife and I are looking at acquiring our next property and I think we're going to spend a few years occupying a single family home and doing a slow BRRR. Yes a multifamily would make more sense, but we want anothe...
Hi, We are out of state investors under contract for a 3BD/2 BA in Glendale, Arizona and are getting cold feet regarding the location of the house. We are basing our decision solely on numbers and knowing there will b...
First time investor here,
I am currently in contract for a duplex that I will be house hacking, with plans to do 5% conventional due to my lender stating this was a possibility. He emailed me today stating that he w...