John Whitridge
Appraisal Well Below Purchase Price
Hi BP I am stuck between a rock and hard place and was hoping someone has some advice or experience in the following situation. I had an offer accepted on a Duplex for $350,000 and already went through all the inspec...
Taylor Valle
Contract for 3-person deal - lawyer referrals/recommendations
My husband and I are planning a deal with 2 of our friends who are experienced real estate investors. We have a 4 unit out of state deal lined up in Pittsburgh, PA and need to create a legal contract prior to executin...
Bosko Mijatovic
Converting SFR to Multi?
Does anyone have any experience with converting SFR to a Multi? My GC pointed out a unique strategy but will it work?So I have been looking at 3 to 4 bedroom SFR because Multi's in the area are either scarce or wouldn...
Jeremy Swanson
1st rental property purchase
Hey everyone!
So over the last year I've been educating myself hardcore on RE and I think I'm ready to finally jump. I found a decent deal on a 4-plex and wanted to get some thoughts. I am a Army veteran and I am goi...
Bab Adetiba
24 unit apt complex Class C
16 (2/2) and 8 (1/1) units. I'm very familiar with the areaFrom P and LGross income: $145,000Gross expense: $53,000NOI: $92,000Asking $1,000,000Weird expenses are $0 for landscaping and $90 monthly for electric. That ...
Alexander Spira
Purchase for a 4 unit in Baltimore City
Hi Fellow Big Pocketer's,I am looking at a 4 unit in Baltimore city around John Hopkins area. Selling for about $230K range. Truthfully he will let us assume the current mortgage of $230K about $1500 per month. In the...
Teresa T.
Liability for Previous Owner Negligence?
I recently bought a condo. Before purchasing I was shown that the bathroom floor had a soft spot in it. The current owner would not allow any invasive investigation (such as flooring being pulled up or insulation in...
Kevin Paglia
Bunting to get on base
I am back to a conflict of strategies. Cheap townhomes/condos vs quadplexes. In my area I could buy 4-5 townhouses for the same cost of a single quadplex. The lower end townhomes would be a bunt to get on base (for...
Joseph Heath
Looking for advice/critique on multi-family deal
I'm trying to work the numbers on this deal, which is a buy and hold here in Texas. To keep it brief, I'll provide the high points (and spare everyone my analysis paralysis scribbles).
I've been working on a ...
Iso Iyi
Nice Househack in Chicago
Hi all
I have been listening to BP podcasts and actively following the discussions here on multiunit investing and particularly house hacking. I have a long time horizon, ie I would like to hold this ideally 3-unit p...