Hi all, I am in contract to purchase a 20 unit building. Currently it is a steam boiler system that heats the entire building. The building was built in 1970+/- the structure is in good condition but mainly original....
We are closing on a 28 unit property next week in a C to C- area. Our first priorities are to make the outside have a safer appearance for better curb appeal. Initial thoughts are removing trees to give the parking lo...
Have a renter who already signed the lease. Now she wants to add the another person on the lease who is staying in the house with her. Is this a red flag and how do I handle this? The lease was approved in her name. S...
I've come across a large multifamily complex in my market that is obviously mismanaged. It's a 5 building 174 unit complex, 1978-1983 builds, physically in good shape but could use updating. The easy opportunity is ...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $8,000,000
Cash invested: $1,000,000
We currently have an accepted offer of 8M for 126 units in Duncan BC wit...
Steps:
1-Live in and hold mortgage on primary SFH
2-Add additional persons to title only
Scenario, additional person on title gives closing cost $$ of 3.5%, add the person to title as 7% ownership and rides it out ...
Hello All,In a value-add multifamily property (say 75-125 units size) in the early years, there will be quite a bit of upheaval for the current tenant base, i.e. construction onsite to renovate the property, renovatio...
Anyone have opinions on what they think is a typical fee structure (acquisition fee, asset management, property management, etc) / profit split on an apartment deal?
We are looking at class B/ class C properties, 4...
I'm wanting to offer my guests a discount for extending their stay, or coming in a day earlier, to help cover one night gaps in my calendar. How do I go about this exactly when they have already paid for their trip up...
Hello,
I'm about to go under contract soon on a single family in the South of Main neighborhood which I intend to hold and rent long term. I'm trying to decide which inspection to do, and the current inspector that ...