Michael Wagner
Storage Facility #2 - $1,000,000 in profits over 4 years.
3 June 2021 | 2 replies
Purchase price: $360,000 Cash invested: $26,000 Sale price: $1,325,000 Bloomfield Mini Storage was approximately 15K square feet with about 1600 of office space ad the remaining being typical drive up access self storage units.
Critina Madoch
Garage space owned by someone next to us is 75% on our property
2 June 2021 | 1 reply
We received the survey of our land/building and noticed that one of the parking spaces is about 75% on our property (see image above).
Michaela McCoin
Non-performing Notes Newbies!
10 June 2021 | 25 replies
What I mean is many of these weekend courses (I have not taken this one so this is not specific to this course), a common theme I hear from investors and verified by BP posts are they see these courses with case studies where they bought a note for 30-50% on the dollar etc.
Mike Jeski
Advice for Jumping in to CRE
3 October 2021 | 8 replies
Something I always tell people who are looking to get into the space; What I recommend is learning the basics- through podcasts and books.
Ryan Moyer
Heads in bed versus dining space
3 June 2021 | 7 replies
So "heads in beds" is a popular adage in STRs, but how are you all reconciling the increase in sleep count that things like bunk beds and sleeper sofas bring in regards to dining space?
Matthew Olszak
2021 Hot Rehab Finishes Advice
6 June 2021 | 9 replies
Simple ways to elevate the hardware are to use knobs for the doors and nice modern pulls for the drawers.
Nathan Gesner
Tenant throws parties, $100k in damages
2 June 2021 | 1 reply
Bars that weren't following social distancing guidelines were loosing liquor licenses and being chained shut, how did this guy get away with it for so long in a modern day speak easy.
Matt Ference
FHA Inspection Red Flags
3 June 2021 | 6 replies
Note that if you're on the sell side, other small things may be brought up like missing handrails, window sills/rotted trim, ventilation in attic space.
Kyle Stueve
RV Park Strategy (Hybrid or Standard)
3 June 2021 | 3 replies
I am contingent on a great mixed use RV park with a duplex, two cottages and 18 RV spaces.
Ryan A Shumaker
Cashflow and Appreciation... Can they Coexist in CA, AZ, NV???
4 June 2021 | 11 replies
Other strategies include... finding a way to split a single family into multiple separate living spaces (The main floor, and basement. or converting a garage, or an existing ADU), Short term rentals (just be careful with city regulations), or furnished mid-term rentals (Travel nurses, or other contract-based workers).