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7 September 2016 | 3 replies
I would love to buy it in just one of our names, freeing up the other name for an additional house down the road.
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8 September 2016 | 3 replies
I'm looking at a foreclosed duplex listed via Auction.com and it's showing two outstanding liens in addition to 4 mortgages in its history.
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28 September 2016 | 5 replies
Additionally, I'm interested in modeling will help you vet and structure investments/deals, just PM me.BTW, I'm searching for an agent/broker that handle investment properties.
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7 September 2016 | 6 replies
Additionally, should I form my own contract and make it a personal written agreement or should I get an attorney involved?
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10 September 2016 | 9 replies
The ease of that transaction boosted my confidence and within the next year I bought an additional property near the same university.
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7 April 2017 | 22 replies
The property in North Oakland was purchased with $100k discount, seller did the sewer lateral and some additional demo/cleaning of the property.
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10 March 2021 | 11 replies
I have a feeling that crowd is going to be growing significantly with the additions being made across I-79 near University Town Center.
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9 September 2016 | 4 replies
Here is a blog where I wrote about a recent 42 unit we bought and did creative things to add value. https://www.biggerpockets.com/renewsblog/bought-multi-million-dollar-apartment-complex-age-26/Just a few ways to produce ancillary income:- Laundry Coin laundryDetergent/laundry essentials in a vending machine in the common area laundry rooms.Rent individual W/D to each unit-Parking Garage parkingCovered parkingprime spot parkingJust plain old charge for parking-Renovations Interior units upgradesCommon area renovationExterior upgrades for curb appeal-Vending machines In common areas such as exercise room, pool house, laundry or leasing office-Trash pick up service In high-end buildings they have a service where you can set trash outside your door and for a fee maintenance will go around each night and collect it so the resident doesn't have to carry it to the dumpster.
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11 September 2016 | 14 replies
This one will get a full cosmetic rehab including tearing down interior walls, adding an additional bedroom within the existing living space, re-piping with pex, new roof, HVAC, and exterior stucco.
10 September 2016 | 2 replies
In addition to that, banks will only finance against the "lot rent" component of rented mobile homes on land.A $150,000 Park would need about 12 homes with a lot rent of $200 per month assuming a 50% expense ratio and 10% capitalization rate.If none of this makes sense to you I would highly recommend the Mobile Home University Due Diligence Manual.