We are about to close on an apartment complex purchase with a local bank.The only sore point for me in the deal is a 1% penalty inserted by lender if property is refinanced with another bank anytime in the future but ...
My tenants emailed me today to let me know that they would like to commit to a second year!They are great tenants, and this is a result of a solid tenant screening process.I did not do this alone. The BP community and...
I’m a new developer and found an ideal site for a mixed-use new construction project on a 7 acre property. We’re looking at a 110,000-140,000 sf 4-5 story complex with 30,000 sf retail and affordable housing. I would ...
Which quick books should I used to manage my rentals and personal finances? I have a tablet and no laptop so can I used it on the tablet plus do I have to used online services and is it worth it. Any other advice will...
Hey all,So I have almost closed on my first bigger purchase of a 10 unit apartment complex for $350k. I live in south east Washington. And I am clueless as to where I should look for insurance on the commercial prope...
Hello all just wondering about Freddie/Fannie loans for MF. I am looking at a deal that is part of a portfolio for 80 units split into two complexes (40 units each). Same town, same seller, can I roll that into one lo...
Looking for a reputable property management company in the San Jose area. Please DM with the information.
Hello,We are in the process of a 1031 Exchange. We are selling 2 properties that are each owned by different LLCs and will be buying a single larger property. Because of the 1031 Exchange rules, we will need to buy ...
Hi! Looking for information on sub metering water for a 5 unit apartment complex. I have done this on 400 unit plus properties but never a community this small. Property is located in Burlington NC outside of Raleigh/...
Is anyone currently investing in the corpus area we loved it down there and would like to move there in the next couple years