Hi BP! This question is for my mother-in-law. She worked at a commercial real estate company before retiring. In 2001 they gave her a small share of a building and she's been waiting for a buyout. Trading is done w...
I was wondering what the going rate is for property management fees in CT. I am looking around in the Hartford area and wanted to make sure I was incorporated the right numbers in my analyses, since i'll be looking fo...
I am currently analyzing properties on the market. If I were to acquire a tenant occupied property lets say for this example who currently is on Section 8 and the current landlord receives a total of $500 per month. M...
Hello, I have been flipping homes with my LLC for the last 2 years. I became overwhelmed with the amount of work. I was flipping 3-4 houses at a time and I would do acquisition, I would mange rehab with my workers, an...
I am having difficulty finding an answer to this question... If I wholesale a property (true wholesale where I never gain possession, but do get the assignment fee), does the income count as a capital gain that I coul...
Hello BP Family! Like many of you I myself am a real estate agent! With the landscape of today's interest rates how would you go about marketing a property for sale that has an assumable loans? Are you aware of any re...
I was wondering whether multi unit properties or single unit properties present more vacancy risks.
In one way I could single units safer because you can focus all your attention on the single unit, and because once...
I am looking for someone to help me get started with tax lien excess proceeds. I need to be able to ask questions and I'm willing to pay a percentage of the commissions for your efforts. I have searched the internet...
I'm looking to purchase this single family home for a potential rental property. The owner is relocating and he currently has renters occupying the property.
He's asking for 70k and comps are in the higher 70's. He ...
Does anyone have experience converting apartment buildings to individual condos? For example, if you bought a 20 unit apartment building for $300M and converted it to condos selling for $400k each (this is Californ...