Multi family real estate is booming right now because many people who were owners at one point in time are now being forced into renting. As the market adjusts do you see this causing rents to decrease and if so what...
Hello,My name is Philip. I am a new investor in East New York Brooklyn NY. I used the FHA 203k to buy my first mixed use in Brooklyn last year with a small commercial space and three one bedroom units for 575k. Curre...
I have a tenant whose 1 year lease will expire in a couple months. It is setup to go to month-to-month at that point, and I'm trying to decide whether I want to let it roll to month-to-month or let her know it will n...
Hello BP members. I'm looking for advice on how to refinance a SFH in Milwaukee. I purchased the property for 65K, but the most recent appraisal came back at 45K due to so many foreclosures in the neighborhood.
The...
I own a duplex in Minneapolis, MN and would like to charge the city utilities back to the tenants. Water/sewer isn't metered separately for each unit and the garbage fee is lumped in on the same invoice. Anyone have a...
Hey BP,We are buying an apartment complex in Kentucky. One of the value-adds we want to do is add a washer dryer hook up in the units as we can get a nice rent increase for it. We are running into a problem on findi...
Has anyone experienced losses or failures (i.e. significantly less than expected return) through participating (GP or LP) in professional MF syndications? If so, can you share? What went wrong? And what was the outcom...
Hey BP,I live in Miami. Graduated from college and am currently working a sales position in Weston - which is a bit of a drive. I'm interested in purchasing a multifamily property and househacking, likely in the Browa...
View report*This link comes directly from our calculators, based on information input by the member who posted.This duplex could be my first investment (besides my own home). Rent on each unit is $1350 but RentCafe an...
Hello all, I was looking for some advice or input on a RE transaction. I began buying SFRs and rehabbing them with the intent to hold them for a return (also, I always keep my options open). So far, so good. I have...