I’ve put in a verbal offer on a duplex in a small Midwest city. It is a pre-foreclosure and recently dropped in price by 25%. It has some potential foundation issues that have scared people away, but at the lower pric...
I have 16 properties in Michigan. 3 are duplexes that we bought last year and they have shared water and gas. How we have it set up now it that the lower (control over the thermostat) pays gas and the upper pays wat...
I’ve been managing a strip center a few industrial warehouses and some flex space for a couple of months now and things have been going pretty well so far but I know I can be doing more to get these properties to up t...
Ok so first off let me introduce myself, my name is Rob I'm 25 and currently going to college. I have been reading a lot about real estate investing the past 6 months or so and have been looking at houses online just ...
Gross Rent 182464 182464 Vacancy loss 8% 9123 145971 Total Rental Income 173341 167867 Laundry 3000 3000 Total Revenue 176341 170867 ...
I need some input on this Duplex deal. I have a banker that will do 100% finance on them for 30 years at 5.75 interest rate. The seller has owned this property since 2005! One tenant has been there 20 years. Wood flo...
I own a townhouse which I put on rent. I am trying to determine if I should sell it or continue renting it. If I sell it, I see 2 options to use the money 1) use it to buy another property. In the current market findi...
I am new to investing I have one rental property that I rent to my business ( lease back). I want to purchase a new property for this purpose and turn that property into a short term rental. I own a small business a...
Hi All!
Has anyone recently purchased a multifamily property? What steps are you taking during the underwriting process to make sure you’re conservatively projecting expenses and income, especially with rates pushing...
Hello All,I am willing to invest 20k in a property to generate some additional monthly income and eventually roll that into another. Right now, the place I am looking at is a small 1 bdr apt in a desirable location o...