Oh boy, I am confused:I was looking at a P&L statement of a 40+ unit MFH and noticed that seller did not include significant renovation costs to update units each year in the expense section. Those expenses were l...
HiMy husband and I own mobile home parks in Peru. They are distressed and we are working to turn the parks around. We are working on metering each mobile home unit with its own meter. Do you have any advice on an effi...
Greetings all, I am a new member to BP, former Naval officer living in the Atlanta area. My long term goals are to buy and hold commercial multi-family dwellings. I am being given an open door invite to shadow a prop...
Investing in an apartment property located in a solid C area can be a lucrative opportunity if approached strategically. The most important step is to really be familiar with the area you are investing in. For example...
Admittedly, this is a self-serving question, as my “9-5” is operating a nationwide architectural as-built company. But I’m genuinely curious and wanting to prepare for when it comes time for my own CRE investments. Th...
I am researching using a standard 203k loan in MD for my primary residence. Can I live in the house during the rehab? Provided utilities, roof, bathrooms, kitchen, etc are operable? What are the rules concerning occu...
I am looking at a CRE with 9% CAP rate and absolute NNN lease with 8 years left ( 2% rent increase every year). The tenant is a medium size business. The lease is guaranteed by the tenant business LLC and no personal ...
Hi all,I am working on my first multifamily deal and would appreciate any advice you can offer. I have experience owning and operating other forms of RE (SFH, Industrial) but have decided I'd like to go the multifamil...
Some friends and I are trying to start a business owning/operating short term rental property. We formed an LLC for tax and legal protection purposes. When we found our first property, I took out a conventional loan ...
A Comprehensive Guide to Tracking Key Performance Indicators (KPIs)
Discover how key performance indicators (KPIs) help us measure the success of various aspects of our business by tuning in today's episode!
Key per...