Kerron Hendrickson
New to the Investment world
30 October 2024 | 16 replies
It’s a small single family three bedroom one bathroom unit, I bought it for cheap and plan on renting on the higher scale by making minor improvements such as flooring, fresh paints and of course new kitchen and bathroom
Kiran R.
NNN in QSR - Percentage Rent Lease vs 5 yearly increases
27 October 2024 | 8 replies
Hello I am just getting started in NNN investment, and mainly looking at national brand tenants in Quick Service Restaurants(QSR).
Jeff S.
Suggestions to impact appraised value & tax benefit for 2024?
27 October 2024 | 0 replies
We're looking to renovate something before the end of the year to accomplish 2 things: 1) Improve home value so we can get appraisal, refinance and leverage that to buy a new property. 2) Take advantage of the tax credits that are out there in 2024 before the new year or is it better to wait until 2025 and just hold onto the cash I have at hand.Here is a list of renovations that will need to be done eventually:*Brand new basement kitchen (cabinets + add seating area - we already have brand new dishwasher, fridge, gas oven)*New standing shower in the basement bathroom*New Siding*AC/Furnace for unit 1 are close to end of life but still functioning*New Fence/landscaping*New Windows for the basement*New Garage (unstable, concrete shifting, very old)*Solar Panels on the roof (There is a $0 down payment lease option w/ sunrun, but I'm hesitant to move forward)*Renovate master bedroom closet for tenants (it is old & has built in entertainment center that is very dated)*Repair Catch basin*Adding better drainage system for back door.Greatly appreciate any help, insight or advice!
Jenni Utz
The Importance of Property Management in Real Estate Investing
28 October 2024 | 7 replies
Quote from @Jenni Utz: This looks like an AI post, which is not allowed on BP.Please write fresh content with your own words from your personal experience.
Sean Bramble
Offshore Virtual Assistant for STR management
28 October 2024 | 6 replies
Multiple reasons why - high turnover, language barrier, individuals not representative of your brand, etc.
Michele Richard
Chicago Rental Properties
31 October 2024 | 19 replies
Brand new and looking to get started with small multi family rentals.
Joseph Shuster
Negative Cashflow - STR
28 October 2024 | 46 replies
And that’s with issues and that pop up, however it’s brand new so probably won’t have too many items to fix in short term.Sounds like I should list it.
Isaac S.
Delaware Statutory Trust DST 1031 Difficulty Giving up control
12 November 2024 | 171 replies
Calvin Lee,You won't really find a 7 cap Dollar General in a strong suburban to urban core location unless limited years remaining on primary lease term and mostly cash deals or very small financing.The brand new Dollar Generals with upgraded construction all around in strong suburban to urban core areas tend to sell for 5.75 to 6.4 caps with new leases in place.The 7 cap new Dollar Generals tend to be in crap areas weak suburban to rural and cheap construction and many times on septic systems instead of county or city sewer.Every once in awhile in a strong location there might be a 7 cap with 10 years left on a high end Dollar General at 3 million in price or up.These have no rental increases in primary lease term so year over year your income dollar becomes worth less and less.
Bill Schrimpf
BP Featured Agent Program
5 November 2024 | 52 replies
This has been my experience also, I think the best thing about it is that the BP brand and platform acts as an almost filter, and gets rid of many of the garbage leads I think would normally get through.
Jacopo Iasiello
🇺🇸❤️🇮🇹 South Florida Market Stats for Broward for the Month of September 2024
25 October 2024 | 0 replies
At first glance, you might notice things are cooling down a bit, but a closer look shows that for those ready to dive in, there are fresh opportunities to be found.Single-Family Homes: A Market Opening Up for BuyersSingle-family home sales dropped by 12.1%, going from 1,056 last year to 928, yet the median sale price actually nudged up 2.2% to $615,325.