I recently brokered a sale at 1566 Mark Avenue, an 8 unit apartment building in Elgin, IL. The sale price was $430,000 ($53,750 Per unit, 7.66 Cap Rate and a Gross Rent Multiplier of 13.04). The property sold for 93%...
Hi Investors,
I’m looking to buy my second investment property. My first was a condo in Westchester, NY. I’m currently renting in Old City in Philadelphia but I’d like to buy something and live in it for 1-2 years b...
WE are doing a den to Room conversion in North Scottsdale, In this regard do we need permit from City of Scottsdale ? If so or if you have worked with permits, please provide more details on cost & time line.
Hi all,I'm looking at a 3-unit is Shaker Heights and the realtor sent over the Point of Sale Compliance Inspection Report. One of the violations stated the 3rd floor may not be used as a separate unit. However, the ...
Good Day everybody, I was curious if there was any investors that specialize in section 8 housing on here and even bonus points if they do it in Jacksonville, I had a few questions as I try to expand my education on h...
My home has 3 bedrooms 2 baths in the main home, we also have an attached apartment on the home. The apartment is separated by a locked door, has it's own outside entrance, bedroom, bath, kitchen, etc. We have used...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lorain.
Purchase price: $174,000
3,000 square feet. Duplex. 3 bedroom 1 & 1/2 bath one side with 2 car garage. 2 bedroom 1...
I just purchased my first duplex. It's current market value is $875 each side. I would like to force appreciate it to $1,000. What should I focus and NOT focus on?Carpet or Laminate Planks?Repaint or Replace Kitche...
Hello.I have a small investment (in another town) that I've held for 5 months and just finished rehabbing. It's a 2/1 with a detached 1 car garage. Less than 1000 sq ft. Good solid house with new air. Roof and fur...
I am preparing to rent out an upper middle class home in the best school district in Charlotte, NC. Homes range from 250,000-multi-million dollar range. My home would most likely appraise for around $350,000 and I pl...