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Hi,I am considering purchasing a large (50+) unit property. I believe that the market currently values condos much higher than rent, and that this particular property is under-market rent. I believe I can purchase ...
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Hey All,Brand new REI here! My wife and I made an offer on our first multi-family home in southern CT that we will occupy. We’re discovering a bit more about the property during due diligence and wanted to share the s...
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Dear all,I would like to understand the underwriting process for a condo conversion project compared to financing for a usual commercial multifamily investment. Instead of making profit long term through rent, the pro...
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I am looking at a property that is classified as 2 units. The owner added to more units that are not up to code so obviously it isn’t classified as 4 units. Does anyone know a contractor in or around the Akron, Ohio a...
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Does anyone know the process of trying to convert a SFR to Mixed-Use or Commercial in LA? And, given the lack of affordable housing right now in the city, is there any likelihood of actually succeeding? With so litt...
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Hey everyone,I am a beginning the process to make a career change into real estate. I am getting licensed and am planning to move to Boston for 2018 to work as a real estate agent. I am currently beginning the process...
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Hello everyone! I am a somewhat new investor currently residing in Ohio where I bought my first foreclosure home. I am looking at investing in a property or two in Florida and am hoping that someone who is familiar w...
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Is there a way for me to see if a permit was pulled to downzone a building? I'm looking at a purchase that is apparently a SFH right now, but it's listed as a multi and the listing states that tax records show a multi...
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Investment Info:
Small multi-family (2-4 units) fix & flip investment in Salem.
Purchase price: $510,000
Cash invested: $330,000
Sale price: $1,150,000
This 2 unit property is located in one ...
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I had a conversation with my friend, a real estate agent, a few months ago that really stuck with me. She was venting about how clunky and outdated the tools she uses every day are. I was surprised by how frustrated s...