Need help analyzing first fourplex. Asking price:$165,000Our offer:$ 150,000All 4 units are rented. 2bed, 1 bath units and they rent for $450 each.So total rent:$1800We live in a very small Midwest town, properties ge...
I currently have 15 rental units (combo of SFH and multi) and today will announce my "retirement" at my J - O - B. The question I have is about using 2-3 SFH valued at @30k each to do a 1031 exchange and take that mo...
Ok so this is where I get a bit lost when talking with sellers: It's like I suddenly get lost when they start telling me about what kind of heating and air they have. I guess I have some of these components confused a...
I have small apt building 10 units, one main front entrance and three back doors for each floor, there are 3 floors. I have a tenant or more so their parents that would like to have their own alarm system. Any thought...
Hi,I'm negotiating on a property in Philadelphia. My agent and I are struggling to understand the zoning rules here. The MLS listing says that the lot is zoned as RSA5, but my agent has reached out the city and the bu...
I'm putting 3.5% down on my first home and intend to house hack it. I do have some cash to put more down but I think id rather use that capital to do some rehab to force appreciation and hopefully eliminate PMI. I hav...
Hi all!Myself and my good friend want to get into REI. We are currently looking at a 4plex property that has an asking price of $360,000 that is situated in a nice area. It brings in $3560/mo with 2 units being month ...
Hello. I'm looking into buying a property to use as a vacation rental and found a good potential lead, but am hesitating as it is a manufactured home. It is well cared for but built in 2001. Can anyone point me in th...
I am looking to bring on a private investor for an apartment deal. However, I need to understand how to pay them out before I do so.
Example.... I put my own money down, and then use their money as well to buy a bigg...
Hello BP community. Ive recently written multiple post on here and received amazing feedback. As the world goes on during these crazy times. We see inflation rapidly increasing, the prices of homes sky rocketing. Caus...