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I just put a 10 pad MHP on contract in South San Antonio. There are 9 Mobile Homes which are mostly 1990s, and only 4 are currently rented for a total of $2650/mo, 3 vacant,the remaining 2 need to be repaired, and the...
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Across the forum, we talk about ensuring that you maintain your reserves... but how do you actually manage them on you own the properties? This question is for the properties you plan on holding. If you are flipping, ...
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when buying a multi family property whether a 25 unit or a 60 unit. what percentage of the purchase price is typical to pay in closing cost?what are typical closing cost other than what I listed below?Title, inspecti...
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Hi All,
I have a few investors looking to invest in a few potential properties. I need to pool their money together but I have a question.
Typically, do you provide a return on the investment while holding the fund...
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Hello all!I am looking to buy my first multi family but need to make sure I understand my monthly payments to find the best deal. Unfortunately this includes figuring out taxes. I am trying to wrap my head around asse...
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What is your opinion on purchasing homes at market value for investments? I live in a small farm town in northern Indiana with one of the best school districts in the state. Because of this homes in my are are valued ...
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Hi All, I have my comps back and am heading out tomorrow to put my first house under contract. I m trying to get a good ballpark of how to estimate possible repair costs ( i am new). I have heard a wide range of cost ...
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Hey all,Is it standard to have your LLC open prior to purchasing a property? When I make offers, am I making an offer representing my LLC or is that detail irrelevant as I would just put the LLC down on the purchase a...
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Hello BP family,
I would like to know the best way to move forward. We presently own 6 rental properties (townhomes) and have done fairly well keeping them rented for the past 4 years. Now we would like to bu...