Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,380,000
Cash invested: $400,000
17 Unit Apartment Building
*11: 2 bed/1 bath
*6: 1 bed/ 1 bath
-Value Add ...
Hi BP Community.I bought a 4-plex last year in which the rents are VERY under market AND I'm paying heat and hot water in Vermont. The residents of this house have been here for 3 years, 8 years, 12 years and 25 year...
Hello! I have a property I’m in escrow on. The property is 2.8 Million & I was planning on putting 800k down. So need a 2 million loan.
The issue is the property has been poorly managed, and Net Income is only a...
I just bought a 4-plex and rents are all over the place. I'd like to get them a little more uniform and up to market rates. Purchase price was 600,000. Each unit is 3 bed, 2.5 bath, about 1630sq ft plus an attached 2 ...
Hi, I’m trying to get started doing buy and hold / BRRRR investing in the DFW area, but when I use the calculators on BP there’s one thing I can’t wrap my head around, which is tax projections. With good appreciation ...
Hi BP,I have an inherited tenant who's rent is critically under market value - I can get roughly 25% more without investing a dime in the unit (already received offers from future renters). I closed on the property in...
Hi Salt Lake or Utah landlords,
Just wondering if you are planning to increase your rent or have you already increased your rent this year based on the local market condition? If yes, what's the percentage increase a...
Good day,So my mother in-law owns a duplex in Cape Coral, Fl. She lives in one side and rents out the other. The place is paid off. She has been renting out the other side of the house to the same tenants for 6 years ...
Hi all...I am an investor in Illinois (Rockford Area) and am considering a 5 family apartment. None of the tenants have leases and all but one have been there 4 years plus. The current owner bought it 35 years ago a...
Hey guys! I'm looking forward to your opinions on this one. This is one of my first few analyses, so go ahead and be honest with me! The more advice/opinions the better.Property is a 2,300 sqft quadplex located in ...