I make on average $9k a month and my biggest expense is my rent which is $1650 in a studio apartment that’s a section of the house I live in on Long Island.

If the bank appraises closer to the lower number, you won’t get the refi amount you’re expecting… and the whole BRRRR structure falls apart.

Quote from @Malachi Gutt: Hi all , I want to step into the multi family and apartment building world.

But before you go too far, you need to answer one question first:Is the zoning aligned with what the surrounding commercial/apartment developers are doing?

Quote from @Joshua Koeppendoerfer: I am not a part of them, but would be interested on some more information definitely!

Since all my peers are already beginning to sign leases for houses or apartments for rent, and I won’t be purchasing a property until the summer, I am just wondering if chances are okay that I will find tenants for this house hack when the time comes.

-Multifamily and apartment style complexes are expected to start popping up across the region to account for increase in population growth, though many local municipalities are struggling with existing zoning regulations currently.How does this relate to REI?

For apartments It also eliminated apartment seekers with large animals and lots of vehicles.

wholesaling virtually is much possible and a lot are doing it, the issue is not how to run it, its how to lock in the deal that will get sold in this area, getting to know the buyers, the market needs, and the prices that will work out a wholesale deal. my advise is to test areas before diving in bulk, hire a part time caller with a small data in the acquisition process before locking in, approach the buyers and test the waters before jumping into any commitment. you can find a property for sale anywhere but getting a good deal under contract is the tricky part. 

Most of my experience so far has been in marketing and renting apartments — I’ve had a lot of success using Facebook Marketplace to fill vacancies quickly and handle the whole process from listing to signing.Now I’d like to learn more about the world of flipping houses.