What do you guys look for when considering multifamily properties?
I'm looking at a 7-unit property currently with the following figures:
*Total Gross income (Rent + Laundry): $78, 000
*Operating Expenses: (Based on...
I have a home inspection coming up Monday for a 3 unit triple decker style home that was built in early 1900's. It's been mentioned that it may lack wall insulation based on age and listing price. While that sounds ...
Just thought I would let everyone know of this home energy efficiency improvement financing resource available for most areas in California. I am not a representative of this financing program, but do act as a general...
In my area I find a lot of 6-flats/6-plexes that do not have central air, despite the fact that it is a feature which is highly attractive for prospective tenants.
When I try to search the web, including BP, it seems ...
I want to renovate a Multifamily with new kitchens ,bathrooms and flooring since this property is located in Vermont are there any suggestions on different types of materials that are better. Example - hardwood floo...
Hi I had a very old guy contact me, he owns 18 units and they are free and clear but my problem with it is they are all Efficiencies, they are only 70% occupied with long term tenants because the rents are very low an...
The 45L tax credit is an energy efficiency tax credit available to owners, builders and developers of apartment buildings, townhouses, condominiums and single family homes. The units must be more energy efficient than...
Hi All,
I thank everyone in advance for their feedback. I own a three family in Portland, Maine. Just as a forward, I have read through the other forums on this topic (specific to Maine) and would still appreciate s...
I'm completely renovating a new rental property in Catonsville next week and am trying to decide on gas or electric utilities for each property and can't find any real definitive suggestions either way with good reaso...
Due to the great wealth of information and helpful people on BP, I was able to get my first home under contract last weekend. Here are some basic details about the property:
$230,000 triplex (one unit per floor)Built...