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The objective behind this post is to develop a strategy through general discussion in order to take my next deal head on.I am currently deployed overseas and return back to the US in the June-July time frame.I current...
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Hi all,I wanted to get some clarification on what rules you are using to evaluate a house hack. My goal is to buy a multi-unit property I can live in rent free. What metrics are you using? I have heard some people use...
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The monthly rent is about $600 per unit, with potential to increase to $650 in the next year.Each unit is $54,900, but I plan on buying 2 units for a total of $109,800. Thus the monthly rent would be $1,200 with the ...
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It looks like my next purchase will be out of state. I know people in the industry in my home town, so it's not difficult to find a good property manager and stay on top of them. But finding a good property manager ac...
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Hello All,As it stands next week I am closing on my 3rd property (woot woot) however in this particular place it currently has oil heat and there is no A/C. Now I plan to section 8 this place and I feel that dealing w...
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There is a 12 unit multi-family that is on the market in a college town near where I live. The units are 1 and 2 bedrooms and priced just about at market. The landlord has moved out of state and this is the last of ...
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Hi my dad and I are currently under contract for a property in Lansing and another in Kalamazoo. Does anyone know of a PM who can service both? Or a recommendation for one each? Thank you in advance!
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Hey Fam,I have a 3-part question. Backstory: I bought my first property (closed in last September) for $315,000, and got at interest rate of 2.375% through FHA. I had to put 9% down for this SFH (3br,2ba) and about $1...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in St. Louis.
Purchase price: $306,000
Cash invested: $94,000
First investment property! This is a duplex located in Southam...
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How are owners still returning the deposits within 3 weeks these days? Do you find it challenging? I'm in Sacramento and having a hard time scheduling work within that time period- some of these guys are booked months...