Hi BP investors,Out of excitement and also confusion, I decided to post about this new "treasure" I found. I found an 8-unit multifamily building that's for sale. It first got me excited because of its great location....
I'm thinking of making an unsolicited offer on a 5+ unit multifamily property in Burien, WA. Its about the right size / type / condition for the property I would like to find to upgrade from the duplex I sold in 20...
Hi there,I need some help analyzing this following deal in CO Springs. Your input is greatly appreciated.Multi apartment buildings, around 100 units total, 80+ 1BR/1Ba, 20 2Br/1ba, laundry, parking, pool, clubhouse, t...
What would be a good replacement color for this apartment. building? Unfortunately the roof is fairly new so I would have to keep the shingle color. It is looking pretty weathered and has some wood rot. Should I pain...
Dear BP,I am looking to purchase my first home via FHA, its a quadplex that will cashflow $600 month after all expenses and 5% Capex, 5% repair, 10% Property management, and 5% vacancy.The home is in a C class neighbo...
So we have a new MFD and apartment forum now!
I wanted to kick things off by asking about your favorite reasons for investing in apartments instead of SFRs. I like the fact that capitalization rates are generally ...
I currently have a SF rental house that I’ve owned for about 6 years. It’s worth 180 – 185ish and still owe 126k. If I sell it, roughly how much would I have left after listing, fees, commissions and taxes if I don’...
So to be frank, what I really need is a good hard kick in the ass. I have been stuck in what's called "analysis paralysis", with this group, for quite some time and I just can't seem to get out of my own way. I am a...
How would I buy a $1 million MF unit if I only had around 250k? Is it even possible? How are people funding all these 1mill + units? I contacted a couple lenders, but they've just been giving me the run around. ...
I'm considering making an offer on a 17 unit apartment building in the southern suburbs of Minneapolis/St. Paul, MN.Here are the summarized numbers from the owner: He keeps very precise track of all of the apartments ...