I recently purchased a multi tenant business office building. One tenant who has been there for 15 years emailed me stating that his carpets are worn down, always look dirty, and have some areas of balding. He wants m...
I am looking to close on my first multifamily property. The property requires a decent amount of work. Nothing too major, but a few cosmetic fixes partial roof replacement and a couple electrical issues are the main i...
Hey y'all,I am new to this real estate investing stuff and I am trying to create a plan to move forward. In my planning I identified a question that I can't really find the answer to and I was hoping y'all could help....
Hello,I have a single family rental, the city will allow me to build a detached garage with an apartment above it and convert the property to a 2 family. The property has a 250k mortgage (4% Apr). and is worth around...
Looking for some feedback on an idea I’ve been considering. I have an older single level 8-plex on .75 acres near downtown phoenix. The existing buildings only occupy the front portion of the lot, leaving about .4 a...
I've been searching for a while here on BP but have not found a thread related to my situation:I've been renovating and renting a property for just over 2 years and may be in a position to sell/close in the next 30-60...
I have a rental property, 3 bed 1.5 bath on 1/2 acre. I own this free and clear and am looking to pull out the equity. Anyone have any suggestions on whom to contact (Quicken, local bank, etc.)? Reason for the cash...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $250,000
Cash invested: $12,500
bought a 3 family multi in the RI area. The property CF's about $800 per mon...
I am purchasing a home with a VA loan in which seller has agreed to pay $4875 in seller concessions. Let's say my closing cost are not $4875 and they are less, what can I use the left over money for? I don't want to l...
I have multiple tax liens in Alabama and I’m unsure what to do or what way to go about any of them. my first is, a property that I will get a tax deed next year if not redeemed. The owners are down the road from me, d...