Current portfolio metrics :10 Properties15 Units17.15% Un-levered ROI average per home56% Average equity increase per rehabThis is a hybrid kind of portfolio. Our plan is to buy SFD & Multi-Family properties from ...
Good Morning. I have a client that is looking for a commercial lender for a $400,000 apartment building (6 unit). We are looking at options for them for financing. It appears most of the traditional local banks here h...
Hi, I am working on my second deal, first one in the bay area. Would like to get some feedback/advises.Here's the number:Number of Units: 8Purchase Price: 3MTotal Income: $10,788/monthTotal Monthly Expenses: $1525/mon...
Can someone help me understand how these large apartment developments make financial sense? It seems like the rents do not justify the upfront cost to develop these projects. What am I missing?
Below is a link to...
As the title says, I'm hoping to get some feedback on possible factors I may be overlooking. The property is 45 minutes from where I live in a town that is growing and am very familiar with so I plan on doing most of ...
Here's a link to a brief video walk through of a new construction quadplex I just completed. I bought two vacant 2-story shells that were falling down, demolished them and consolidated the two lots into one parcel, wh...
I am evaluating 6-10 unit apartment buildings and wondered how others have structured seller finance deals?
I recently purchased a 22 unit in Memphis and transaction from the original in month 3 due to high management fee and unconventional way of managing i.e not running background checks, not assessing late fees, and no p...
At first, I wanted to buy a fourplex to live in 1 unit and rent out the rest. With hopes that my tenants would pay my mortgage while I lived for free. Then, do the same year after year until I have a couple of propert...
I am perusing the MLS here in Las Vegas and researching Multi-family properties. I have noticed that per unit, rental income is higher for SFR than the multi-family units. I understand the concept of having just one ...