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Would anyone know the legalities of taking a property zoned as Commercial real property, and turning it into a Multi-family unit? Im not talking a 5+ apartments building, but 2-4 units which would still fall under Res...
Hey everyone,Quick question I was hoping some of you could give me input on:I'm looking at buying in a neighborhood and noticed a comp price on a similar home that was way out of the ballpark of being realistic. Most ...
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Ні,
My mother and I own two units in an apartment building. She owns one under her personal name and I owned the other unit in my own name. How should I set up our agreement for who the landlord is? Right now we have...
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Hello BP! Thanks in advance for the the advice.I've got a 4-plex. Each unit is a 1bed/1bath. They're great little units, but they don't have a laundry option, and there is no room for adding washer/dryer hookups. ...
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Hi ~ It's my first time posting and would greatly appreciate your help. I've come across blog posts on the multifamily vs sfh advantage, but in terms of #s, annual roi for a unit in multifamily is often inferior to th...
Hello,
I'm new to REI and have been trying to educate myself for the past couple months. I have been focusing on multi family. I am a high income earner and would like to replace my salary of around 200k with passiv...
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Good day!I'm under contract to purchase 30 townhouse condominium units (in a larger condo project) and the best play is to sell them off to owner-occupants. They're currently being run as a sort of apartment complex b...
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Hi all,I purchased a 2 unit rental property late last year that was already fully leased. At least one of the units plans on re-signing. Their lease is up at the end of September. I'm happy to have them re-sign but my...
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Hi all,I am currently undergoing a cash out refinance (w/ a FHA loan provider) with my business partner on a duplex that we own. Both units are 3 bed / 2 baths. The appraiser came in short of what we were expecting. I...
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Hello! I uploaded a different post on multifamily, but this one relate to house hacking. Has anyone had experience in house hacking a 3-4 plex and using different rental strategies on each? For example, living in one,...