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Hi BP!I'm currently under contract for a duplex in the DFW area. The duplex currently has one tenant with a lease until the end of June and the other is on a Month to Month. I'm using a primary residence loan, so I am...
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NOI is $145k. Purchase price will be between $4.75m and $5m. NOI is negatively impacted currently from leasing commissions and a large retail vacancy. Add an addition $40k for NOI once the vacancy is filled. $300,000 ...
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I have a 3 family and keep getting calls from tenants about their bathroom not getting water when its really cold out. All the bath pipes are in the outside walls and freeze. i am the new landlord. Previous one did a...
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Has anyone had success with this?
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Hey everyone,I was presented an opportunity to purchase a condo in this apartment complex. It is a unique situation because originally the developers were selling it as condos and after the market crash they switched ...
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Hi all,We have purchased a 4plex in Louisville, KY on a 20 year note adjustable after 5 years. We have a basement and I believe we can legally, and totally within our current zoning, add a 5th unit in the basement. M...
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What would be considered a good versus bad buy? Also, how would this differ income wise than a duplex, and pros and cons of each.I've heard if the city allows it, airbnb trumps a long term rental since income is highe...
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Central Falls.
Purchase price: $560,000
Cash invested: $56,000
2 adjacent lots, a total of 8 residential units with 10 gara...
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Hello BP Community! Paul here from Westbury, NY and I'm just getting started on my REI journey. I started listening to the Bigger Pockets podcast about 6 months ago and after hearing all of the inspirational stories ...
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Hello everyone.
I found a duplex that I am considering purchasing as a house hack. Only issue, is it is right next to a gas station. Obviously I want to negotiate on price for this, but does anybody see any potent...