I was speaking with a friend, and he mentioned a mutual friend who purchased a duplex for $28k that brings in $1000/month. This has an absurd rent/value ratio (almost too good to be true in my opinion) and I wanted to...
So I'm building a pro-forma APOD on an 18-unit apartment building.
How does this look? Other Income includes a service charge of 50/unit as well as pet fees and late fees for part of the units, but I'm really...
I'm not trying to take a position on whether small multifamily investors should use a PM or self-manage, just generate discussion. This question came out of the analysis of a duplex I just walked away from because ex...
There is a property on Fannie's website in my area. List price of $39,900. Rents in the area comp out at $1000 median, so let's assume a low number of $900. Light fixer that doesn't look too bad, so figure $2K in pain...
Lets say you acquire a 100 unit multi family 100% occupancy. Minimal repairs needed, just paint, lighting, signage.. In your experiences what is the retention rate for the first year?
Hello BP Community,Found this 4-plex 20 minutes from me. My numbers are below and I was hoping to receive some feedback/critique on the accuracy of the pro-forma. Note- I evaluated this as a house hack deal where I wo...
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I am looking to invest in an out of state (I am in Southern California) property, likely 3-4 units.
My goal is for an annual cash flow of about $5k after all expenses (including mortgage) are paid. I have been lookin...
BP - I have a deal and I think it's good, but I can't get the math to add up and I feel like I am wanting it to be too rich, or I am missing something. 4-plex, built in 19002 - 1/1 (currently rented for $760 and $900....
Searching for my first rental property and don't want to offer too much. Any suggestions/advice is much appreciated. Thanks! There is an 8-unit brick building built in 1967 in a decent location near the high schoo...