Bab Adetiba
24 unit apt complex Class C
16 (2/2) and 8 (1/1) units. I'm very familiar with the areaFrom P and LGross income: $145,000Gross expense: $53,000NOI: $92,000Asking $1,000,000Weird expenses are $0 for landscaping and $90 monthly for electric. That ...
Joseph Chacko vellukunnel
financing a small mobilehome park with 100% POH
Hi BP,I am looking to finance a relatively small deal. its a 4 unit mobile home park, all POH, 100% occupancy with slightly undermarket rents separate sceptic and a single well.At the asking price of $240K, there i...
Michael Willis
Apple to Oranges - Office Building vs Mobile Home Park
1) Local Office Building (option 1)Hi All, so for the past few months I have been sharing my finds for a 1031 exchange in the NYC metro area. I have found a solid deal on a 16.5k sq. ft occupied office building for 2...
Shawn May
Advice for Hard Money Startup
Hi Guys, I have finally decided to take the jump and get into real estate investing, through hard money lending. I am very excited, but as a newbie, I know that I have a lot to learn and figure out. I know the busine...
Leonard Nester
Commercial Opportunity - Buying a Business
I have a great opportunity to purchase and operate a turnkey business. Being a novice , does anyone have any insight as to how to proceed? Are there any lenders doing 100% loans ? Any information is welcome as the com...
Marcus Kuhnert
Rental Property Business Structure
Hello All - new user, first post so please bear with me.Two friends and myself are looking to purchase a rental property together. We will be contributing equal amounts into the down payment, duties, etc. What is th...
Jeremy Anan
Baltimore City Fire Alarm Monitoring System
Hello BP - Is it a requirement to have a fire alarm monitoring system on a multi-family property in Baltimore City?Will the lack of one results in any fines/fees from Baltimore City Fire Department?Thank you
Marcella Hoard
Real Estate - The Pandemic Winners and Losers
Good afternoon!I wanted to share an informative article on how the job market is influencing where investors are likely to be more successful in investing. A few key highlights are:-A key indicator to determine the b...
Steven Long
Assignment of Contract Questions
Not sure what forum to go to to find out more about assignment of contracts.
Thanks for any help
Kirk B
Dirty Little Secret?
I am trying to find a study with data on the operating expense ratio for residential real estate, and hopefully something that applies to my area. I want to use the data to prove this ratio to my real estate agent. He...