We want to do right by our property manager and ourselves. We own a multi free and clear and want to get it into his hands, but also want some income till we die. If we sold the multi to him for no money down and 5% i...
Hello all, I just recently got an accepted offer on my first triplex and here are the numbersPurchase price: $172k with about 9k down so a loan for 163k 3.875% interestPayment including taxes ins etc: $1,315Rents of o...
Hoping to tap BP wisdom. I found an historic 6 bedroom house that seems like a good candidate to convert to small office rental space or a boarding house. What do I need to consider? How do I estimate possible rents a...
Short question: Are properties where the owner is deceased with no heirs required to be listed on the mls? Is this state/situation dependent?Longer explanation: I've been in contact with someone at an attorneys office...
We are several conversations into the opportunity to buy a neighbors home. I do plan to run this all through a real estate attorney but would like feedback on options.
Relevant background information: The property is...
Hello,
Just looking for some advice from the experts on this. We currently own/live in a duplex and own two additional rental properties. The rental properties were initially purchased as primary residences so aren't...
I'm hoping to gain insight and knowledge to purchase a (owner occupied) multi-family unit. I think I'm doing something wrong when using the rental property calculator. Each time I've analyzed, the ROI is negative, and...
Hello BP family!After lurking the site for quite some time and trying to learn as much as I can by reading up on many out of the gazillion posts/threads on PB, I finally decided to introduce myself. My name is Maykol ...
It seems I read on BP more frequently that apartment investing seems to be better overall than SFH investing. I have always bought SFH's, but may be open to multifamily as an option. From an investor's point of view, ...
I'm not sure this is the best forum to place this is in but it seemed logical. , so mods please move it if appropriate. I just looked at a 2 building 6 plex in the Houston, TX area. In general renovations do not scare...