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I'm considering a 4-unit condo complex. Its brand new construction, rented to the local university (1 year leases) for scholarship students. I modeled the numbers (below) with 20% down, however the cash flow is tigh...
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My brother and I “co-own” a triplex we just bought. Technically I own it, but we will be splitting all expenses, mortgage payments, rent, etc. All of the rent goes through me first because I am close to the property a...
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As an investor looking to obtain my first multi family home, I have a couple questions pertaining to how I would go about analyzing MFH for a proper cash flow. I was recently listening to a podcast and heard that the ...
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I am interested in a MHP that is for sale in Dallas metro. The MHP does not own any mobile home - only lots are rented. Can you please suggest how the deal should be structured to keep the property taxes at current...
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You all have been such I help. I am slowly spending more time on BP. Thank you. Looking to buy a duplex with a shared boiler. Two story, one unit on each level with a full unfinished basement. The boiler is only ...
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VacantProjected Gross Monthly Income: 24,000Cap Rate 7.5%Repair Costs: $300,00Good Location, on site laundry and storage.Has anyone sub metered electric and water and what is estimated cost and any information you can...
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Hello,Was curious what types of valuations are best to use when determining the sale price for a rental property? I've used both GRM and Cap Rate to try to determine an appropriate price but unclear what else should ...
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I think it's time for me to choose a new bank. This brings a flurry of questions to my mind: which one? how to structure the accounts? commercial vs personal?
Here is my current situation. I have 5 single family rent...
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Are pre-closing on a great property that is in a college area of a bigger city, rents for $3000/mo and after all expenses are accounted for will net around $1200/mo cash flow. The question is, how to set this up prior...
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My W2 is with the airlines. Which until 9-31 my job is safe. But after that its all up in the air right now. Should we finish the least that ends in Dec or make the jump on a house hack while i have verified income. I...