I just bought a 27 unit complex. I am new to complex of this size and looking for recommendation on best practices to manage property of this size. 2 things that i need advice one:1. Late fees: How to avoid that prope...
Hi all,I’m under Contract for a lovely duplex with ADU in San Antonio, TX. All was fine with our 20% down conventional loan until today when appraisal flagged it. Apparently a triplex is not the same thing as a Duplex...
Hi all, I'm in the middle of negotiations/underwriting for a 12 unit multifamily property in Ohio. Property is currently bringing in $8400 a month. We are looking at value add that would bring the property up to $10...
Hello, I would like to know the best strategy for someone who earns $23/hr in Illinois. Thank You!
Hello:I am a new real estate investor that currently lives in Los Angeles, CA.I have been seeking to invest in 2 - 4 unit establishments.However, I have been experiencing this market to be priced quite high (low cap r...
Hey BP Chicago Fam, I recently read this article on redfin and wanted to get feedback from those more experienced than myself. The article basically states that asking rental prices have seen a decrease and areas such...
Hello BP,
I'm currently looking for the most effective house hacking strategies for my first home in the Seattle area.
Here are some key aspects of my situation:
I commute to downtown Bellevue 2 times a week. I ...
Hi,I just wanted to make everyone aware of what I believe to be an underutilized housing program available to first time homebuyers, veterans, and college grads in ohio.The Ohio Housing Finance Agency (OHFA) offers di...
I had a chance to review a few property management companies in a short period of time, and it made me wonder why they charge so much. Typically the monthly charge was between 8%-10% of the rent. If you rent is $1,000...
Hi BP members -- I am investor based in Broward County - South Florida and wanted to get opinion from other South Floridian's. I see new condo's being built on every little piece of land available and am concerned thi...