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...
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 ...
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...
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 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...
I am evaluating 6-10 unit apartment buildings and wondered how others have structured seller finance deals?
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 ...