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Investment Info:
Large multi-family (5+ units) buy & hold investment in Nanaimo.
Purchase price: $3,500,000
Cash invested: $1,300,000
32 unit apartment building located in Nanaimo BC's South End ...
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All,
I found a two unit multi family home that I'm interested in. Good area, great school system and they are asking $139,000. Total monthly rent is $1475 and both units are leased.
Total revenue generated this past...
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I have found a empty 6plex. According to the agent the owner has become tired of the property and is ready to retire soon. He had no tenant screening process no background checks and so on. I am assuming that he ha...
In my research I've come across several different formulas people use to determine if a flip is worth the risk. The 70% rule [i]seems to be the most used and discussed (?).
While at a workshop recently I met someone ...
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Hi everyone!
I could really use some help with a deal I'm interested in. It's a triplex in the inland empire, socal. Using the property analysis sheet, here are details:
Price: $170k
Rehab: $20k (estimate pending vi...
Hey BP!I am trying to get ready to go after my first house hack 4 plex in the McAllen area in Texas. I have been working on trying to get my financing in order. This is going to be my second property, I bought a SFH l...
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I am new to the market, but see a lot of potential for my self with apartments and single family.I was curious for people already invested, what is your criteria for a cash flowing property here?Specifically intereste...
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Hi, Newbie here. I have a quick question regarding "vacancy reserves". Im having a bit of a hard time wrapping my head around this, but I think its very simple and Im over thinking it. When calculating vacancy reserve...
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I recently purchased a 5 acre parcel at a tax sale in Pierce county, WA. On it is an unfinished 4200 sq ft home. It is completely framed and sided, the well and septic are installed. The framing was done in 2008 and ...
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I know a lot of people have different approaches to protection want to comes to buying homess? My CPA told me that if I were to buy more than one property it would be in my best interest to have an LLC for every prop...