Stephen Sayles
Seeking Expert Advice: The Furnished vs. Unfurnished Dilemma for My Lakewood Duplex
9 March 2024 | 10 replies
That's going to dictate who you might market to and what the pricing should be.I have 2 units, the upper is 2 bedroom 1 bath with a potential small office.
Kevin Miller
Pa section 8 anyone an expert?
7 March 2024 | 14 replies
It seems as though there is no shortage of potential tenants.. just have to find a few decent ones lol
Wendy Black
Need Tips for Marketing Higher-End Mobile/Manufactured Homes
9 March 2024 | 1 reply
Tried marketing to Chicago potentials as a reasonable purchase for spring training buffs and golfers who wanted to play year 'round.
Laurent N.
Major Rehab/Construction Loan on Inherited Property
9 March 2024 | 3 replies
Additionally, be sure to have a solid business plan in place to present to potential lenders.2) In addition to a construction loan, you could also explore other financing options such as traditional mortgages, lines of credit, or even private investors.
Neddrick G.
Landowner needing advice on JV with Developer
9 March 2024 | 5 replies
I wanted to get some recommendations or advice as to how I could potentially partner with a developer that may specialized in rural development.
Katlynn Teague
New to Wholesaling? HELP
9 March 2024 | 22 replies
I have few properties I am looking to acquire and have no idea how to find potential buyers and discuss deals.
Matt Taylor
First Deal - Cold Feet
9 March 2024 | 6 replies
I had wrapped my head around residential not around commercial, But to me the deal seems amazing - you guys tell me 8000 sq. ft building7 storefronts on an active downtown street (all rented and currently have tenants)34 unit mini storage in back lot (29 units rented - the rest of the unrented are being used by the current owner)Asking price is $798,000 and owner is ok with seller financingAfter sitting with them today the owner who is 83 said he is ok seller financing and verbally agreed to $715,000 and a 4% interest rate, 30 year note, $100,000 down payment, no early payoff penalty - my lender and real estate agent both came back valuing the property as it sits at $840,000Income = Rentals ($5075) Storage Units ($1935) = $7010speaking with the owner he hasn't raised the rent on either the storefronts or mini storages for almost 10 years - looking at comparables in the area we believe we can raise the rent and storage units easily to push the income up to $10,000 a month 4 of the 7 Tenants have been there 5 years plusCost = Including estimated payment, taxes, insurance ect. would come to a monthly of = $4450that would cashflow $2560 a month at its current with the potential after purchase and rent adjustments cashflow $5460 a monthPending an inspection the property looks in good shape with little to none improvements needed at this timeA quick background I have had rentals before on the farm we own, three houses we rented out so I have some experience) My QuestionsIs this a good deal???
Christopher Duron
Property With A Fault Line
9 March 2024 | 11 replies
The geo report classifies it as “potentially active” and minor.
Vernon Huffman
If you had $300k liquid how would you start RIGHT NOW?
8 March 2024 | 53 replies
I have non qualified stock options through my W2 employer now that has potential in about 5-8 years to exercise.
Kyle Craft
Introduction Post. Looking for Bigger Pockets.
9 March 2024 | 8 replies
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