Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,265,000
Update Oct '20: Construction is now complete and 15 of the 20 units have been leased thus far. ...
Just curious, if you were looking to purchase a long distance, Buy and Hold, rental property:
Would you rather invest in a property closer to a major city or closer to a tourist/vacation/beach area?Pros vs cons of ea...
Hello,We are under contract for a Fannie property that we plan to use as a rental. The inspection revealed both intact and particularized asbestos underneath the house and in the closet which houses the old/decommiss...
Looking at purchasing my third MTR rental in the next six months. I have two in Memphis which are doing well. I don’t want to over saturated my market there. I am looking at Nashville but the costs are so high here bu...
Do I use a purchase and sales agreement just as I would for w home or do I need to use a different contract since its for a vacant lot?
Hello,I am a partner on a project to rehab a 12-unit apartment building in Ohio. We intend to hold this building long-term for income. We are getting state and federal historic rehabilitation tax credits, and we acc...
I am in contract now for an apartment complex less than 16 units, built before 1980. During the due diligence period, Seller provides a positive test for asbestos in the joint compound. (previous environmental report...
Greetings, Thanks for taking your time to read my story. Please start by telling you a little bit about me. I'm 29 years old married with one child on the way soon. Born and raised in Chattanooga, Tennessee. We were m...
Hello, I'm facing a great dilemma regarding an investment strategy and I'd like to see other investors' opinions/input on this. I'm current real estate investor (not full time) that have about 10 residential- signal f...
Hi BP community,I am looking for property investment opportunities that can meet 1% rule. Based on my conversations with several agents in TX, FL and CA, the housing markets there are very crazy. Hardly can find 1% re...