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22 February 2018 | 6 replies
Gloria,Based on the excerpt below from the TN Business Tax Guide (google this for your reference), operators of residential and non-residential buildings other than hotels, motels, or rooming houses are exempt.
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21 March 2018 | 32 replies
You can hire a skip tracer to do this pretty cheap through upwork.com We filter the lists, send them to the skiptracer, the lists comes back with numbers and addresses and we get to work.
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15 July 2018 | 22 replies
If you decide to move a mobile, make sure you know exactly where the spigots are, and your concrete guy(if you need concrete) doesn't put the crawl space entrance immediately below it.
21 February 2018 | 11 replies
On the below example of 108k replacement and 35k market value.
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20 February 2018 | 3 replies
It would be purchased well below market with plenty of opportunity to increase value.
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28 February 2018 | 22 replies
Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.
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29 August 2018 | 40 replies
We have an extremely diverse array of positive economic drivers that yield stability AND growth, and virtually no permits to build units that rent from $650-$1000/mo.... keep in mind, we're still able to find 7 and 8 caps, with value add potential due to below market rents.
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15 May 2018 | 27 replies
All other rooms and mold types were non-detect or below outside air levels.
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24 February 2018 | 19 replies
The offer sounds tempting since the group has to finance about 3M$ (the rest comes from a bank with a low interest) and the building is bought about 1.5M below value, so when we sell we should expect a 50% return when selling which should be 3 years from now.The thing that bugs me is the way the building value was evaluated, i am copying a section from the presentation:"Market activity has shown similar properties consistently trading in the 4.75-5.25% cap range (refer to “Comparables” slide for specifics).