Hey so I’m curious how this works, maybe someone can fill me in. Let’s say I make $4000 a month and am looking at 4 unit properties, to make it simple well say each unit pays $1000 each month. In this case would I qu...
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Hi Everyone,I'm going to check out a property here in Missouri tomorrow morning. It's a duplex in a C neighborhood. Asking Price is $69,000. I'll be asking for less but for analyzing, I'll stick with the $69k.I'll put...
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I turned the 3rd bedroom into a loft area by having the builder remove the wall and doorway during initial construction. We will be moving so I want to convert it back into a bedroom. So I had a handyman that I found ...
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This post pertains to purchasing property “subject to” an existing mortgage. Investors seem to have strong opinions about the legality of this type of purchase. However, it is not helpful for people to state their u...
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All,I have one unit that is about 1150 sqft, 2br/1.5 bath 2 stories. From my PM I should expect a quote about 2-3k. What have yall been quoted before? How can I reduce the cost, aside from hiring off craiglist. This i...
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How do you put a price on the weirdness factor of a house when buying a property? Do you think an extremely custom/DIY rental unit will draw in OR push away possible renters?I just got through walking the most beautif...
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Good evening BP!Came across an 8 unit property and I'm really close to pulling the trigger on my first multifamily deal, but before I do...thought it would be best to check in with my favorite online community. Any su...
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The broker I a working with to buy a property also has a PM company. They are asking for 1 month rent to market and find the tenant plus 9-10% fees to manage it. It seems too much but I am new to this and would like t...
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We have a multi-family property that we bought in 2019(it's our primary residence) with a private lender(family) 2.74%. 3bdx1.5br(fully renovated), 2bdx1br, converted studio garage(not permitted but fully renovated). ...
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What are places or things you do to be able to advertise your property for rent and get tenants to apply?