I believe I need some help with my math. Here is the situation:I have a property that I have purchased and rehabbed. I'm all-in at about $90k (I ran into contractor issues that ran the rehab higher than anticipated)...
Hi Everyone,I just wanted to get your thoughts to go over my analysis, if I am Missing anything.Price - $270KDown - 25% = 67500closing + repairs 15000Mortgage - 1000Property Tax - 550Insurance - 90Property Management ...
Hey everyone, I have been analyzing deals like crazy and I just cant seem to make the numbers work. Either the deal is not a deal, or I am doing something working. Can you all look at this report and lend me your expe...
It's sad that our "justice" system is failing Landlords, but is this going too far?New York Post : NYC landlord posts giant signs calling out non-paying tenants.https://nypost.com/2022/03/19/...
Hey, All.
I'm looking to purchase a mid-sized multifamily property with a partner. He's providing the bulk of the funding; I'm analyzing the deal. Where I'm stuck is figuring out how to add value. I understand that M...
Hey BP,I wanted to get a second opinion before I pull the trigger on a 4-plex refinance. I used a FHA low down payment loan to purchase this property, I rehabbed it, and now I am looking to refinance out of the PMI an...
A Data-Driven Outlook on Today's Economy and Its Impact on the Real Estate Market
In the world of investments, it's not uncommon to be bombarded with conflicting news and opinion about the state of the economy. Accor...
I have recently come across a 4-plex that I am interested in. They are asking $550,000 and it's in a good part of town. The units are in decent shape but could use some sprucing up. The owner just put a new roof on ...
Hello BiggerPockets community,
Background: I am closing on a duplex soon. During the inspection, I met all the tenants. At first glance, they seem nice and reasonable. I will rehab the property and accommodate to the...
Hi all,Can the BRRRR technique work with multi-family buildings that are already occupied by tenants? If so, what does that look like in practice? Or does this method only work with vacant properties? I find that most...