Asking $2,300,000
72 units - 1 bedroom/1 bath - 700 Square Feet - $460 monthly rent
8.3 Cap Rate - great for area
98% occupancy rate - due to low rents for area
49% expense to income ratio
Fishers, Indiana
• Upside...
Greetings all,
I'm new to the REI game. I'm current military, but nearing retirement so who knows where I'll be in a year's time. I'm originally from St Louis and looking forward to learning from those of you who h...
I'm currently looking at a duplex in Columbia, SC which is assessed at 48K. The sellers are asking 62.5K. Most of the units in the area are priced to sell for about 10K less than their assessed value.
My question...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Englewood.
Purchase price: $760,000
Cash invested: $60,000
House hack, I live in one of the units
Income ~ $4,250
Mortgag...
Help! My husband and I have an opportunity to buy a completely flipped duplex in a cute, popular suburban downtown area. Originally listed at $310,000 and now down to $295,000. Bottom unit is 2/1 and upper is 1/1. Bot...
I recently brokered a sale at 1566 Mark Avenue, an 8 unit apartment building in Elgin, IL. The sale price was $430,000 ($53,750 Per unit, 7.66 Cap Rate and a
Gross Rent Multiplier of 13.04). The property sold for 93...
Hi BP!I'm happy to finally share a story in the success stories section! I closed on my first house two days ago at the age of 18. It still feels crazy to me. It all wouldn't have been possible without my great mentor...
I'll live in one half for the time being and fix it up to be where I can realistically rent for $650~. The other half has a nice,retired, and disabled lady on a fixed income who's not going anywhere unless some unfort...
I've looked through the archives and can't seem to find a thread that answers the questions to my specific situation. My boyfriend and I just bought our first rental property (SFH) cash and the deed is in both of our ...
I'm headed to Ohio later this week to look at several multifamily properties for sale as part of a package deal. These will be the first properties I've purchased and I want to make sure I'm asking the right questions...