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I just got a note from a tenant that he is covid positive. Do we need to inform other tenants about the same ? They all use a common laundry in the basement .
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This is my first post on the forum. I am very new to to the world of REI and have been doing a lot of research on purchasing a duplex or triplex for house hacking. I am 25 and living in Queens so saving money for a d...
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I wanted to pick your brain regarding establishing a baseline for a multi-unit building. Typically I went after semidetached homes. Our semidetached homes a very similar to each other 3 bedrooms + full bathroom upstai...
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I have a question regarding supplemental property taxes. Let's say I have a multi-unit property that I renovated in 2018, thus I received a supplemental property tax bill due to the increased value. Would it be accura...
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Hello, I am new to this website but I am looking for any information or advice this community can offer on building a 4 unit multi-family property for investment purposes. I am going to be financing the project throug...
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Hi,I found a property in Bayonne, it's 5 small units, asking price 610K. built in 1930, Tax 15kLot 2700, it's under rent control, expected total rent around 5k, need some minor modification.it's attached on one side.a...
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I have come across a unique opportunity. I reached out about a lot for sale and I wanted to build a triplex. The lot is only 4040 sq ft which is pretty small but it's in a hot spot of town that is near all of the ba...
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Hi!I started contacting banks to see how they handle multi-unit loans, and it seems like the offers differ a lot from one bank to the other. I'm talking not only about the interest %, but also the way they evaluate a ...
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Evening BP’ers,
Does anyone have any experience with c class multi units? I found an 18 unit in an area starting to gentrify. Is it fair to assume 25% of gross rents should be set aside for expenses and cap ex? Maybe...
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Hello BP’ers!Reaching out to you all to see if I can figure out a zoning issue. I am currently working on obtaining a 3 unit building that has 3 separate dwellings (basement 1/1, 1st floor 2/1, and a 2nd floor duplex ...