So, I just bought a multifamily with 7 units on one lot. Two (3 unit) buildings and a double-wide. I have the ability to subdivide. Would it increase value to subdivide out one 3 unit building so I could sell both ...
Hi BP family!-I settled on my first property back in March, below are the details:-FHA loan, 3.5% down -Condo in Cherry Hill, NJ (south jersey) - 2 bedrooms, 2 bathrooms + loft. I am living upstairs in the loft, both ...
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What are the opinions of Biggerpockets concerning BRRRR’ing a Mother-in-Law suite type property? Is there potential for a good investment if a good deal is made? Are they harder to rent out or even just flip due to th...
Hi Everyone. First question on BP so hoping some of you can shed some light and advise us in the right direction. Here's hoping everyone's families are safe and doing as well as we all can, all things considered.
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Hello BP community, I now have 3 duplexes around SLC area that are all cash-flowing well. My units are a bit older but in decent shape (I like to remodel when I buy so it forces appreciation). I am a little worried ab...
It seems like a natural succession for a large multifamily unit owner to also own their property management company. Agree or disagree? Why?
Hi all, Happy New Year!I am hoping to get some advice from you all on my current situation. I currently own a 2BD 2BA condo which I was house hacking during grad school. I rented out the second room up until a year af...
Hey folks. I current own in IL - 2nd highest property tax rates in the country. Like any business, in MF real estate, not all costs are the same. Meaning all else people equal, if you're looking at 2 deals, both 8% c...
Hi everyone,I'm new to the Multi Family space and am looking at the Detroit market to start investing in apartment buildings of 80+units or more. Looking for B to C+ neighborhoods with rents in the $700-1000 range. I...