Andrew Michaud
Buying a 5plex. Numbers are great but dieing town. Input?
I am looking to purchase a 5 unit apartment building in a small town in Maine. I am getting a deal at 60k for the building. Appraisal value is 120k. 3 units occupied, two vacant currently. Building is in fair conditio...
Ryan Cruz
Landlord insurance - things to consider
Hi BP community,So I’m in contract on a property in Parma, Ohio, and I’m shopping around for quotes on Homeowners Insurance. Given that I’ll be a Landlord, are there Landlord-specific things that I should be looking ...
Jacob Smith
How To Find Motivated Seller for Free
My partners and I are going through Harris County foreclosures looking for properties we'd like to buy! Here's how we do it.go to:http://www.cclerk.hctx.net/search data base ->foreclosures ->select file date for...
Cliff Harrison
Closed on properties #4 and #5 today
Had a six weeks gap between the first three and these two. The first three SFRs are all rented at or above the income assumptions with no surprises so far.#4 is a Duplex located in Grandview, MO. Both sides are vaca...
Bryston Wisekal
Reccomendation for property repairs prior to sale
I am in the process of listing a rental property that I purchased a few years ago. The property is currently leased with a few months left on the lease. My realtor has informed me I have about $3k in repairs needed to...
Amir B.
Trouble Renting SFH or MFH Properties After Thanksgiving in CLE
Hello,
I just made an offer on an SFH in Cleveland Heights and currently trying to rent out an SFH in Parma. The Parma house has been vacant for one month. My realtor was mentioning that renting places after Thanksg...
Account Closed
Please Help!- I need your analysis opinion on a duplex
Your thoughts are appreciated!!!currently negotiating: Duplex, unit 1 = 2bed/1bath, unit 2 = 2bed/1.5bath. no garages but plenty of private off street parking.Asking: $77k, currently negotiating, below expenses are as...
Ryan A Shumaker
Software for Syndication- Please Help!
I am looking for software that will assist with the syndication process. We have a property in IL that we are looking to raise capital to stabilize and we want to be organized, professional, and efficient. Any help is...
Nicholas Morgan
Direct phonecall instead of direct mail?
Hello everyone,I've been looking for a multifamily to house hack for about 4 months now. There are quite a few on the MLS where I live, but not in a location where my fiancee and I would like to live after we're marri...
Jason V.
Tenant Leaving - When to relist unit that needs to be turned?
Good Morning BP!So I closed on a 4 unit last week that currently has some very long term tenants (16+ years) on a month-to-month lease. Their rent is quite a bit below market value, but I was going to feel a little gu...