Newbie, please be gentle. :) I have been a landlord before (and still am), but it's not my main gig, so I'm definitely a newbie in this sort of analysis. I appreciate any feedback.Purchase price 160k (might get down t...
My wife and I bought a two-flat in the Avondale neighborhood a few years ago. It's a pretty typical framed Chicago multi-family, complete with in-law units in both the basement and attic. Currently, we're living in th...
I need to sell my 2 rental properties in Charleston.
My husband recently passed away and I am overwhelmed dealing with our business, our home and settling out his affairs. If I can get these two house sold, it will b...
Hi all,I grew up in the Bronx and somehow the prices of multi-families seems to be calling me back!I am analyzing an opportunity that has had several price cuts in the area I grew up in. It's below $1M for a 7-unit, ...
BP Community,I'm looking into purchasing a 4-Plex, Before this i have only delt in single familyThe numbers make sense and the location i believe is a safe one with potential for growth. From discussion with the list...
Hey Everyone!Myself and one of my investor clients (I'm also a broker) in Los Angeles are thinking of investing in the luxury space in low cost states. For example, if the median price point is in the $200,000 range ...
Hello everyone,
I'm currently exploring the housing market in search of my first personal home, which I intend to rent out in the near future after putting in some sweat equity. As of now, I have saved up enough mone...
Hi All,I'm looking at a property but the owner has not kept any records for repairs, expenses, maintenance and so on. All he has to go off of is his rent checks (not even a rent roll!). He is also stating his insuranc...
Considering in the next year buying a duplex or triplex in Whiting IN and renting out the other units while living in one for free and hopefully still cash flowing a bit. Any issues or concerns with this area? Good pu...
Hello BP community,I'm evaluating my first Multi-family deal and was curious on people's thoughts. It is a 'turnkey' investment that is currently being rehabbed by a contractor I have a relationship with & trust. ...