I am buying a 5-plex in Roseville. Purchase price of 775K and monthly rents @ $6300. Landlord pay for Wanter and Sewer, rest of the expense are on tenants. Property is built in 1950's with five independent homes with ...
Ok ladies and gents, give me your opinion on this one! (takes a seat).......I'm aiming at being a owner-occupant on a 3-plex unit. The problem is, its fully occupied AND the owner DIED. The property is closing the pro...
Hey, BiggerPockets community!
In the booming market in Memphis, I've found that having the right tools can make all the difference. Here are my top 5 essential tools that every investor should consider using:
1. G...
Hello Everyone, I'm new to MFH and would like to ask for help analyzing the deal below for a buy and hold. For one I'm not absolutely sure this is all the data needed to decision on this deal, and also I'd like to k...
Hey all,
After a lot of house inspecting and deal wrangling we're going to closing on our first deal within the next day or two. It's an REO that was on the market about 90 days, a 2/1 house in a neighborhood of most...
Found a potential deal. 4 Acres SW of Raleigh about 30 minutes from downtown. Thinking about snagging it and building some tiny homes for traveling nurses and construction workers. Would love to connect if you're in...
I’ve never purchased anything bigger than 4 units so need a little help analyzing this deal. Goal is to come up with a reasonable offer price and determine if it’s worth looking more into. Currently the owner self man...
I’m working with sellers of a 6 unit. Agreed to seller financing for 15k down at 6% for 15 years. They’re asking 300k. Brings in 3250 monthly. The problem is they are unaware of actually how much work the property nee...
Hi Guys,I have been a landlord for the last 10 years and enjoy it ( I only have 3 SF houses). However, lately prices climed high everywhere and it has been hard to do buy and holds. So I feel I am pulled into differen...
In my limited experience, lenders predominately offer the same thing (though I could be wrong about that). What would you recommend looking out for (characteristics, credentials, etc. they should or shouldn't have)? I...