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Hi,Hoping to solidify this deal:Overall:Duplex2000 sq ft total3 bed / 1 bath eachContract Price: $110,000Monthly Costs:Mortgage Type: FHAPITI: $810 (4.25%)Repairs: 0.15*$1350 = $202.50Trash / Water: $155Income:Rent: ...
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I would like to purchase a property with funds from my IRA to use as a rental property. I know there are rules regarding who I can and cannot rent to (like family members). I would like to do a lot of the managemen...
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Hello,I am entertaining the idea of moving to the Denver area or even Colorado Springs, as we would be able to add $60k+ extra to our household income. Of course that comes with a higher price tag than where I live no...
Hi! I’m new to being a landlord. I purchased a duplex with an existing tenant. That tenant is requesting a number of things that I am trying to determine if they are my duty as landlord to address immediately or if th...
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Hi folks, first timer here! My wife and I have entered the market this year with our first purchase. We're located in Berkeley, CA, and own a parcel that has a 1000sqft house (2bed/1bath) in the front and a 2x800sqft ...
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So I've been looking on Crexi at Multifamily buildings and most have a 4%, 5%, 6% cap rate on average. Isn't that low? How does one justify putting 300k down to only make 2k-4k a month? Is that a normal return?
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What is your opinion on providing a list of comps to the appraiser when you meet them at the property? I want to do everything I can to help the appraiser and get a fair valuation,but I also don't want to offend them ...
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Hey all,
I bought my rowhome here in Philadelphia back in the real estate craze of 2021. I intended to live here for at least five years, but some life circumstances have changed, and I am likely moving in a year or ...
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So I am looking at a 9 unit house/apartment. Cashflow is 30k per year after all expenses. Not including debt service. This is setting a 250 reserve per unit also. I know this is rather vague and maybe not enough info ...
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I. Executive Summary
Apanou Management, LLC was created by two self-driven business partners that saw the potential in the current Real Estate market and would like to make a difference as well. We strongly believe t...