Randy Marshall
How do I build my portfolio??
I'm on the verge of doing my first deal, purchasing a condo unit as a rental. I've run the numbers every which way and it's a great first deal for me. My lender is running the numbers and he needs my DTI to be no more...
Alexander Cabrera
...Father involved in owner occupied duplex purchase?
Hello,I have been looking for my first multi unit (duplex) in the Willamette Valley wine country area of Oregon ( it will become Sonoma in 20 years ;-) ) and my retired father (healthy and active 66 years old) has be...
Nathan Vaughan
San Diego affordable housing development
Hey ya'll!
So I was in a meeting today with an architect talking about my current project.I showed him a property that's zone rm-2-5 with a 40' height allowance. It's basically a teardown on a 7500 sqft lot. Right no...
Daniel Lozowy
Pros and cons of flipping a building
One very common strategy in my market is to take a distressed building, throw all the tenants out and flip it to the max. We're talking high-quality renovations to reach the top of the market rents. For example you ta...
Jack Plantin
First time househacker with a few questions
Just bought a two flat (6 bed, 3 ba) in Chicago's Hermosa neighborhood. PITI is $2350 (FHA on a 380k house)
Wife and I will live in the 2nd floor unit and plan to rent out the 1st floor for $1500 a month. After expen...
Garrett Brown
Turning a duplex into single rental rooms
Does anyone have experience of renting out individual rooms on a long term basis out of a duplex/triplex? Basically, I've come across a property that is a duplex with 4 bedrooms/2 baths/kitchen in each. The current ow...
Steve Sun
8 units HOA convert to one multifamily property?
Hello all,I am currently owning 7 out of 8 units in a small condo association. Each unit pays 200 for HOA fee.Does it make sense if I acquire the last unit I havent own and convert all units to a single multifamily pr...
Marc Globensky
Who does Small multifamily investing in Clevland or other OH cities?????????
Hey my fellow investors,I'm looking for a new market to break into. Phoenix is over saturated with investors and deals no longer make sense. I currently own 7 rental units 3 in Indianapolis, IN and 4 in Killeen, TX. I...
Alex O.
Broken Dryer Issue
Tenant who has been in the unit for about 2 months contacted me the other day about the in unit stacked dryer being broken. For reference, it's stacked, with the washer on the bottom and the gas dryer on top in a cus...
Christopher Munn
Can't Understand This Deal. Expertise Welcomed.
BP Community,I recently came across a deal in Ohio for over 100 units and need some help on it. The property is 50% occupied and currently doing about 80k in NOI (Seriously Underperforming). Cap rates in the area can ...