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I have a friend (seller) who needs some advice from you guys:Situation: Seller (in TX) signed listing agreement with an agent two months ago (in SEP) to sell his property once the tenant family moves out by end of NOV...
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What are your thoughts on management for smaller multis that won't necessarily have an on site manager? It seems everyone is going over or under this size of multi families. Does anyone own many of this size and manag...
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I recently closed on my first rental property! A new build SFH in New Orleans, Gert Town near Xavier Univ. I am thrilled to have been able to purchase this property and ready to make it a success. I'm getting the prop...
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Phoenix.
Purchase price: $762,500
Cash invested: $236,500
14-unit of 1BR & Studios that I purchased after another inves...
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Hi all,
When operating say a ~50 unit multifamily with single water meter, what are some strategies that can be used to offset water bill onto tenants?
The property that I'm underwriting is going through $70/unit ea...
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I am a new investor in the Northern California area and I am working on putting together my “team” in preparation for my first deal. I keep hearing from many on the BP podcast that lawyers are a must. I also know lawy...
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Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $195,000
Cash invested: $10,000
Sale price: $440,000
This was a distressed 4-plex in a very nice part...
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Hello BP! I am a young engineering professional living in Syracuse, NY and am planning on moving to Huntsville, AL in the next couple of months. As someone who is still young, without a family, and with a bit of savin...
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BP,I went to do a final walk through today after a the lease expired in a SFH after two years. The house smelled absolutely horrible, a little bit of cigarette smoke and a lot dog pee. We had visited the property on...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Saint Louis.
Purchase price: $70,000
Cash invested: $160,000
Sale price: $297,000
This was a two family building (buil...