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I'm calculating costs on a potential deal and got a loan estimate from a conventional lender. It seems the buying costs are way excessive to me. What do you think?loan amount: 80000Origination charges:3pct points: 2...
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I've used a variety of deal analysis calculators and many of them include CapEx estimates/reserves in the 'Expenses' category, like this:Income - Expenses (including CapEx estimates) = NOIBut shouldn't CapEx estimates...
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I have some what of a legal question but want some colleagues advice! I have a property under contract with a 60 day closing. Here is the story, property owners son is a drug addict and has destroyed the property so I...
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Hi guys! New to the forum. It looks like I found my first new flip located in Sacramento, CA. The house is a complete rehab. Total gut job. They’re asking $199k. ARV is $303k. Ran comps, house could sell for $310k. L...
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How do you deal with getting tenants to contribute to water, gas, and electric if there are not separated meters in a multi-unit in Philadelphia?
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I am newbie to commercial real estate and study this recently. I plan to purchase out of state commercial property with NNN lease. Per my understanding, for NNN lease, it is leasee's responsibility to handle all maint...
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building on the post that recently described the new laws in colorado springs, i came across this one which on the surface seems would decimate the market in CO and most all ski communities would see a flood of sales ...
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HI All,First post on BP! I am a relatively new RE investor in the greater Milwaukee area. Just over 1 year ago, my wife and I bought a Duplex on the border of Shorewood and Whitefish Bay. For those outside of the a...
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I've been dying to get into the real estate business. I have sufficient drive, credit, income, and handymen in my life to make it happen today. My only issue right now is the huge down payment required on a rental p...
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I'm a realtor/investor from Richmond, VA. Looking for some mid-term rental thoughts. Quick background: I currently rent 3 doors long-term. This would be my first crack at a mid-term rental.I've got a property that I'd...