Discussion
Fourplex under review, mid seventies build, 585k ask, four two-beds at 1,150. My reserve line is the only number in the model I can't defend to myself. The percent-of-gross approa…
Discussion
Two ways to buy the same three or four unit building and I've watched people argue this without either side moving. More down: smaller payment, more monthly cushion, and the build…
Discussion
Real comparison off my list this month. A fourplex in a small town, 4,000 people, one large employer, 185k asking, four units renting 575 to 650. Gross around 29k. And a duplex in…
Discussion
Nothing under contract yet, still reading. The plan is a triplex where I live in one unit and rent the other two, because that's the version of this that gets me residential finan…
Discussion
Two fourplexes on my list, within 15k of each other on price, and the mix is the only real difference. Building A is four one-bedrooms at 900, so 43,200 gross. Building B is two t…
Discussion
I've owned three small buildings for about five years and this is the question I get asked most by people buying their first duplex or triplex. My own answer has flipped twice, so…
Discussion
Two things I've been looking at side by side, both about 40 minutes from me. One is a fourplex around 540k, four two beds, in place rents 1,250 each. It would be a residential loa…
Discussion
I've turned eleven units across small buildings in the last three years and I still argue with myself about this one. The standardized version: one paint, one floor, one cabinet d…