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I live in CT and I need help estimating expenses for a multifamily unit (2-4 units)..I understand that you should use the 50% rule or the 60% rule but I am finding that these don't make sense when the rents are out wh...
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Hello All! This is my first post on bigger pockets. I was wondering if I could get some feedback from seasoned MHP investors on the following potential deal:21 Owner Occupied Lots @ $225-$235 5 Rentals Units @ $295-...
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BPers, Yahoo !! We are happy to announce that Achieve Investment Group has recently completed acquisition of 174 Units Value Add Multifamily Apartment in San Antonio. The property was bought way below market value us...
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Hey everyone! I'm new to REI and am interested in growing wealth and income streams with SFHs and long term rentals. However, I've recently grown intrigued with Short term rentals in tourist markets as another way to...
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Just wanted to post that I hired a property manager for my four plex. I've been quite critical of Property Management companies, stating they are a waste of cash. We had experienced high cost on turnovers in both PM...
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Thinking about selling my SFR to get into a multi-unit (4-Plex, no more than $400k and hopefully way less)...We also plan to then manage it ourselves. We should have enough capital to put down up to 25% down (is this ...
I am considering co-signing for a loan. The borrower may qualify for a government backed zero down first time buyer program. We will both own the house 50/50. (This is in a area where a good deal is a 400k 3/2 house. ...
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Been reading this forum for a while and am excited to finally make my first post. I recentlty purchased my first investment property. I closed on 10/15. It is a 2bedroom, 2 bath condo in a nice community - Wanted y...
Hi folks, I am trying to buy a quadplex to house hack for my family. We are planning to occupy there for 1 ~ 2 years and looking for cash flow after we leave. So my plan is to get experience on managing property &...
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Can anyone help me with this? Feel like I am underestimating the costs. There won't be property management cost as this will be my first property. Very much appreciate your help!xxDownsideBase CaseUpsideProperty Price...