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I am interested in a vacant commercial shop which used to be a laundromat. It has got the fitouts and connections for a laundromat but no equipment. My plan is to install equipment again and restart the laundromat. Is...
Are there characteristics of a long term tenant? (For me, that's a year or more). I keep hoping for that long term tenant and each time I've thought they'd stay, they don't. I've tried the year lease and they just br...
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Dear BP Community,I have an interesting issue here: I am very much interested in purchasing a bank's REO foreclosure house but my broker respectfully declined to represent me because the seller wants to use his AOS in...
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How much money do i need to use a hard money lender?how does a hard money lender work?
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What regulations would apply to such as operation in Houston, TX. Its not your typical rooming house, every room has mini-fridge, LED-smart TV, utilities are included and all the safety and security measure one can im...
Looking at my first deal. Seller is former broker selling in my opinion a great property. Rural duplex w/3 bedrooms 1.5 bath 2 car garage each. Built in 1960. Asking 129900. Appraised a year ago at 130k befor...
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Hi Fellows, when you evaluate multi-family deal, what is the optimal level of expenses as % of EGI you recommend?Best, Gary
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Water heater, and gas heat...
Are there any issues/problems with this? I'm more familiar with electric. thanks
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Can one make money with rental properties within a city that has a high property tax rate?
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I'm under contract for a fixer right now. I wanted to schedule an inspection but I wanted utilities available. Water is going to be turned on but electricity cannot because the meter box needed to be installed. My due...