Hi BP,
Thanks in advance for any help!
Background: I recently purchased a 5,400sqft duplex that was running on one hot water heater which was located in the basement. The property has three floors plus a basement ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $172,500
Cash invested: $4,987
Contributors:
Matthew Tanis
2 Unit in Grand Rapids. We purch...
There are a lot of tri-level houses in the area I'm targeting and I'm not quite sure how to calculate the ARV on these.
The bottom level is basically the basement but they often don't feel like basements. They are...
Hey everyone!
This is mainly for those who have recently built or got contractor/builder quotes for building an ADU. I am curious as to what your are finding the current building costs are?
I am working on putting t...
I am almost at a point of 100% occupancy for my existing multifamilies and itching to buy more. A property I am looking at is an 8 unit in CA, asking for $400K, rent roll of $4800 AND BUILT IN 1910.
Building Amenitie...
When i say a hoarder house I mean a house with at least 4 feet of trash from the floor throughout the whole house. whats your average time from acquiring the property to listing it on the MLS? also, what strategies...
Good day. When does it make sense to make tenants pay utilities. I have this 4-plex on contract and the current tenants have the utilities included in their monthly rent. 2 are paying 650 and the other 2 paying 550...
Hello everyone! I was just curious how some of you with college rentals (with multiple people in one unit) take care of some of the major bills like gas, electric, etc. do you charge a set price for rent with the util...
So, i'm scouring Loopnet for commercial multi-family opportunities. I've noticed that many of the properties that list brief financials on loopnet have terrible overhead/operating expense ratios.
For example a huge 2...
Hello BP Community!
I'm look at purchasing a property that has an ADU. Wanted to hear your opinion on me living in the ADU while renting out the main home to a long term tenant. The total expenses for the main home c...