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We recently bought a 5 unit property in an older historic area that is seeing some growth. We got a good deal and the rents have been kept artificially low which allows plenty room for more cash flow. Only problem is ...
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Hello everyone, I'm looking to invest in multi-family. I'm just starting out. I've been studying and reading multifamily millionaire vol 1, a book on investing in real estate with no and low Money down, and book on re...
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Hello BP,I have a question for everyone who has experienced a market decline in their local area. Say I am investor with 20 units and those buildings decline in value by 50% over a short period of time. What happens t...
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At the link below, there is a survey from University Presidents. An excerpt from the link is below regarding the content from the survey. Seems like helpful information when analyzing current/future rentals in colleg...
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For those who self manage, I wanted to share a great bank I've been using called Baselane. Baselane is a bank that also has property management software and book keeping capabilities. As a manager of over 20 units, it...
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My wife and I purchased a home in Scottsdale, AZ in 2018 - $325k loan, 4.875 rate. We moved out of state in 2021 and have been renting ever since (long term, current tenant 3yrs @ $2,850). We had maybe $200k in equity...
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I'm looking at houses in Las Vegas that unless you pay cash, don't cash flow at all, and in most cases are a loss. So how are people making money with rentals in Vegas on 20-25% down financed properties? Appreciation ...
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Hello,need some advice on a property that I am looking at. It is a duplex that is small, 1,100 sqft. Two one bedroom one bath apartments that need updating. It is going for 109,000 I want to try and get it for 90,000....
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I purchased an FHA mult family a few months ago. I have not been able to move in due to contractor delays. The building inspector came and recently shut the building down for health/safety reasons by turning off all t...
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So I have a unique situation. I own a rental in Nashville, Tennessee. An individual from Texas who is moving here has applied, and I approved them. They had a lower credit score. So I've obtained July and August r...