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Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,380,000
Cash invested: $450,000
I was looking for a multi-family investment property in the same neighbor...
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Are people seeing 2019 numbers this year or is it just my property? My property is new and I'm not sure if this is normal. I evaluated the property based on an average of 2019, 2020, and 2021 numbers, so it cannot sur...
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Hello all!My condo building HOA has a rule about 51% of the building needing to be owner occupied, leaving only 49% to be renter occupied. This is managed by the Board of Directors with the HOA- other homeowners withi...
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Hello BP!For my first investment I am searching for a “house hack” on the Emerald Coast of Florida. I was recently pre-approved for a VA loan in the amount of $424,000. I do not want to spend the whole amount. When I ...
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I have been searching for multi family units around Chicago to buy my first rental property, but have found it to be quite a difficult task.
For investors familiar with the area, what neighborhoods have you f...
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Found a 4BR/2BA on MLS for $136,000.
Principal & Interest: $557
Taxes: $94
Homeowners Insurance: $55
MONTHLY HOA: 30
Only rents in the area are 3BR/2BA for 1350-1450
I will go with 1450 market rent.
Home needs c...
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At what level unit do people include a washer/dryer dishwasher? I like to rent to families and that is often an important piece. My goal is to provide a good value to my renters. Do people buy new with a warranty o...
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For the experienced STR investors, what insights can you share about occupancy and rate trends? How is 2023 shaping up relative to the past few years?I hear a lot about how over supply is driving down prices and occup...
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I am in that "What should I buy?" stage. I've got a friend who swears by low income SFRs, and while they are cheaper to get into, I believe the cashflow from a duplex makes it a more attractive investment. However, th...
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I am wondering if I should knock out my car note early or save and build on my additional savings? Although I have roughly 18months on my car loan, I would like to pay it off by the end of the year so that I can buy m...