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Results (459)
Matt Thompson New to Investing-- Looking into NC. Any advice?
7 April 2021 | 8 replies
For your specific criteria/price point, I see Gastonia working out best where you can get a close to turn key (needs LVP/Paint etc.) property in the 75-100k range that will usually hit the 1% rule.Gastonia is one of the last submarkets of Charlotte to explode, only around 20-30 minutes from centre city.
Jozo Cosic Commercial Property as a first investment-yes/no
21 December 2016 | 2 replies
What assurances do you have that Canada Post will renew and simply not install a super box and close the local post office as they've done in may other Prairie hamlets - my parent's "home towns" in Manitoba have lost their post offices (and one of them has a larger population than Conquest) and mail is driven out from a larger centre each day to a Superbox where the grain elevators once stood.Is the $784 in rent inclusive of GST (or is that being charged on-top)?  
Mark Robertson Real Estate Crowdfunding Investment Ratings
6 March 2019 | 106 replies
Real Crowd Airport Centre I & II  has a rating of 2.9.  
Revathi Neelam Reno Multifamily real estate investing
15 December 2016 | 0 replies
6) Thoughts on the sister city Las Vegas Multifamily real estate investment considering that it has some good economic growth projects coming up (AMAZON fulfillment centre , SWITCH supernaps, FARADAY, Strip projects such as Genting Berhad’s $4 billion Resorts World Las Vegas, the $350 million MGM-AEG arena, and the Las Vegas Convention and Visitors Authority’s $2.3 billion Las Vegas Global Business District.)I am also looking for networking with other investors in this area including investor-friendly real estate agents.
Oliver Monnet My very first deal?... need some help please.
10 October 2016 | 0 replies
Hello everyone I am located in Hong Kong, I have a motivated seller ready for a lease option, here are the details (remember that here in hong kong properties are sky high, so numbers are very high for only few square meters...This is a commercial space in a building that was build in 1994, the building is looking good, it is located at the centre of tsim she tsui with is a very popular area for business and good restaurant all over.The office was previously used and as a " Church " and owner was the pastor, he then sold it to new landlord.The new landlord have bought this property for investment, and had the office space for sale for a year but had no luck selling it.He bought the property in October 2015 for 7.8 millions HKD, and tried to sell it for 9.3 millions HKDFor your reference 1 million HKD about 12,000 USDThe seller have 2 different loans on the property:- Loan number 1: loan balance is 2.450.000 HKD with monthly payment of 13,000 HKD all included- Loan number 2: loan balance is 340.000 HKD with monthly payment of 10,000 HKD all includedOffice space is 1216 square foot, and it is just one large space, as previously used as a church, the space need to be renewed and put up to date.The property was bought from previous owner in 1994 for 4,800,000 HKD and was sold to the present landlord at the price of 7,600,000 HKDComps in the same building:- Sold in 2015, floor 11, sold price: 9,759,750 HKD- Sold in 2014, floor 14, sold price: 9,088,750 HKD- Sold in 2013, floor 5, sold price: 8,479,625 HKDAlso have comps from 2010, where same properties sold for about 5 to 6 Millions HKD.Seller is motivated as he can not sell or rent the property for the following reasons:- Property need some work as the previous used was a church, so everything is painted and installed just like in a church.- property is on the 18 floor and lift only go up to the 17 floor, so people need to walk up the stairs to the last 18 floor.In the same building the same floor space is rented from 20,000 to 25,000 HKD per month.There is 2,500 HKD management fees monthly.We have presented to the seller the following offer:- Monthly payment for 15,000 HKD all included.- sell price 7,800,000 HKD- Length 10 yearsSeller accept leasing option but refuse price and length and offer the following:- Monthly payment 15,000 HKD + 2,500 HKD management fees- Sell price 8,600,000 HKD- Length 36 monthsThe bank (HSBC) valuation on the property is 8,600,000 HKD (i believe this is how seller get this sell price).My original idea for the exit strategy is as follow:Supposing to get the all floor for 20 years length and with our terms and at the price of 7,900,000 HKDWe will invest about 390,000 HKD to renew the office and transform the office into 21 small office space that will rent for 3,500 HKD per month, making a monthly income of 73,500 HKD (- vacancy and other expenses and 15,000 rental would give us a minimum monthly income of 50,000 HKDWith a 20 years lease option, will give us 240 month at 50,000 HKD per month = 12,000,000 HKDWe will them buy the property at the agreed price and keep the office space.But as seller do not agree with our prices and length, i am not very sure about this exit strategy...The goal will be to keep the property as i am mostly looking to hold on all the properties i can put under contract.I do not need quick cash, and more looking at building a long term growth.Could you please advise some other ideas that would make sense?
Account Closed Investment Property Strategies (what are you doing?)
1 November 2016 | 18 replies
Account Closed  - in the oldest and most established parts of the country ;-)  It doesn't always pay to think of TO as the centre of things :-PA little more seriously ... we invest predominately in the Maritimes.  
Asia May Is house hacking possible in Boston?
14 December 2018 | 4 replies
Centre St from the rotary to the monument is a nice, middle-class area. 
Ashley Cann My first deal in Sudbury, ON
12 March 2019 | 0 replies
1) "Minor water seepage" in the spring can mean a quarter of the basement floods in the rainy fall and new weeping tile and water proofing is required.2) Jack hammering concrete to put in plumbing is a really hard job - look for places with rough ins already or plan shorter plumbing runs.3) Remember to centre the lights on the ceiling around bulk heads not the centre of the room, because having a light right beside a bulk head looks really weird and blocks some light.
Ashley Cann My first deal in Sudbury, ON
12 March 2019 | 0 replies
1) "Minor water seepage" in the spring can mean a quarter of the basement floods in the rainy fall and new weeping tile and water proofing is required.2) Jack hammering concrete to put in plumbing is a really hard job - look for places with rough ins already or plan shorter plumbing runs.3) Remember to centre the lights on the ceiling around bulk heads not the centre of the room, because having a light right beside a bulk head looks really weird and blocks some light.
Ashley Cann My first deal in Sudbury, ON
14 July 2020 | 2 replies
1) "Minor water seepage" in the spring can mean a quarter of the basement floods in the rainy fall and new weeping tile and water proofing is required.2) Jack hammering concrete to put in plumbing is a really hard job - look for places with rough ins already or plan shorter plumbing runs.3) Remember to centre the lights on the ceiling around bulk heads not the centre of the room, because having a light right beside a bulk head looks really weird and blocks some light.