
20 July 2024 | 4 replies
I looked at almost every market in florida before I relocated from columbus ohio because miami Dade County has the most net migrations in the entire United States for one county. we build it in columbus ohio and it is worth approx 215k a door but down here all you'd have to do is change the assemblies and in miami that triplex would be worth more than 300k per door so closer to 900k depending on where you built it. new construction single family homes are going for around 330 per sq ft in the same area and a triplex is considered residential. by building codes a 4 unit is commercial I'd recommend 3 unit first or going as many units as possible if you have backing or your own cash. for each one we do we recommend 100k of liquidity.

20 July 2024 | 59 replies
How about just changing from SFH to MFH, or commercial, or any other REI where the increase in dollars buys you a property with larger RE value...not larger number of properties.

20 July 2024 | 19 replies
So, anything you get will be a commercial loan so it won't look nearly as good as buying a developed property.Sounds like usual seller over valuing the property.

19 July 2024 | 7 replies
I wasn’t thrilled with the appraisal company, and felt that they also significantly down played the value of the income on my commercial property.

19 July 2024 | 25 replies
We used AppFolio since they used it with the commercial services they provided (which I took on too).

19 July 2024 | 12 replies
There is a decent chance that my next purchase is a commercial MF (5+ units) in an expensive and appreciating market (I have a couple I am considering) in a class B or above area that is likely to have a small amount of projected cash flow.

19 July 2024 | 35 replies
The pitch was basically $15,000 for 0.5 acre parcel on an under-performing commercial coffee farm his group acquired with the expectation of a conservative 13% annual yield.

18 July 2024 | 0 replies
Does anyone have a source for spreadsheets or proformas for a multifaceted commercial project?

18 July 2024 | 4 replies
I'm selling a commercial property in NH.

19 July 2024 | 8 replies
Then when I switched to 5+ units she made the introduction to the Vice-President of the bank who handles the commercial loans.