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How do you analyze and compare different multi family properties to invest in?
I kind of understand the gist of it as far as cash flow, cash-on-cash return,cap rates, return on investment, GRMs for multi-family. But ...
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Hello,
I am looking for someone to provide a complete step by step guide to selling a vacant lot in Michigan. I own several small vacant lots and I want to sell them by myself to avoid unnecessary fees. What I'm look...
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Greetings everyone!First, I apologize for asking something that must be obvious for most people on BP. I have recently started poking around notes (mostly out of curiosity and for my own education) and one thing that ...
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I just wanted to share my story as I think it can help people looking to start flipping house. In August of 2013 I closed on a foreclosure that I was going to be doing a live in flip. I think most newbies would have ...
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This is a triplex in the local area being sold for $279,000 generating $2310 a month the realtor gave me a list of expenses. Mortgage =$1114Hydro. =$176Insurance =$230Internet. =$115Taxes. =$230
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We have used the same attorney for a few purchases and recently came to realize he screwed up many things. 1. He failed to find out there is an open permit on the house. The previous owner applied for a permit to expa...
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I'm going over the PM agreement with a new property manager and there are a few things raising a red flag to me that I'm wondering if they are standard (or becoming the standard): -an additional 10% (on top of the 10%...
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Yesterday we just signed a 1-year lease with a tenant for $1750 a month. We purchased the property 3 months ago. We found it on Zillow listed for 50k. The property is 3.5 acres, has a well, a septic tank, and a 1440 s...
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I've had a dozen or so mobile homes for about 6 years now, but in July I purchased my first park. 10 lots and a stick built house.
Crazy thing about this park is that a church had owned it since the 1960's and hadn'...
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Good Evening All. I'll keep this short and sweet. My tenants' lease was due to end on June 30, 2019. They vacated the property early, 3/16/19, to which I agree. I knew the house was in need of extensive cleaning a...