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19 June 2024 | 8 replies
I think it will be unlikely to find a commercial-style loan for a multi-family property at anything less than 20% down...they will likely be 25% or more at this point.
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18 June 2024 | 10 replies
Actually there is and it's very popular and can be found here https://www.biggerpockets.com/forums/67-rehabbing-...Your question depends on the style of the house and the price point.
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18 June 2024 | 12 replies
Are there specific features/styles of homes that perform really well in the area beyond the traditional log cabins?
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19 June 2024 | 9 replies
The communities I've seen have had rural style asphalt roads and look pretty straightforward.
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19 June 2024 | 11 replies
I have had good experience with probate properties, grandma house which family doesn’t want to deal with and bringing it to contemporary style.
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18 June 2024 | 0 replies
Household Composition: 77008 shows balanced demand for both family-oriented housing and non-family units, promoting investments in single-family homes and high-quality apartments. 77063 indicates higher demand for rental units and smaller homes, focusing on apartments and affordable housing options.Despite higher entry costs and a lower percentage of renter-occupied units, 77008 appears to offer better prospects for appreciation and lower vacancy rates, making it a more suitable choice for investment.Greater Heights OverviewThe Greater Heights area (77008), often referred to as "The Heights," is renowned for its prime location offering a blend of amenities, top-rated schools, and abundant job opportunities.
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19 June 2024 | 4 replies
I don't think you can go wrong if you have the liquidity and the market is strong. don't forget that hotels are built in the middle of nowhere brand new and do fine. if you want me to look more closely at it send me a DM, this is ours right here that we proposed so you can see the style but it's 81 residential units, 45000 sq ft, 6000 sq ft of retail, no parking. on your assumptions, your occupancy rate looks high. pull some hospitality reports in the market and see what it is. your exit cap looks about right for what I've seen in hospitality.
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18 June 2024 | 14 replies
Consult a financial advisor or real estate investment expert for suitable advice.Good luck!
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17 June 2024 | 6 replies
I'd be happy to advise, no-charge, once you have purchased a suitable property.
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17 June 2024 | 3 replies
My wife and I are remodeling a 1940s bungalow-style home in St Petersburg, and after several months of interior work, we need design help and drawings of the front exterior for our contractor to gain permits from the city and move forward with the project.The original front entrance of the home was covered with an addition built by previous owners, and we'd like to boost curb appeal and value by adding a driveway, front steps, a new door with sidelights, and an overhang jutting out from the gable with columns.