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Hi everyone,
I am closing on a Northeast Philadelphia triplex by the end of the month.It currently has 5 beds and 2.5 baths, with 3 units that have their own separate entrances.The first ground unit is a small studio...
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Closing on my second commercial building soon. Its a 2 level 8000 sq ft office building (exterior pics attached). The location is right near freeway with 2 large car dealerships on either side of me. The building is d...
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We're looking at a property and our loan broker has suggested DSCR. My understanding is that we'd pay $1,000 for a rent appraisal which would have to come in with a ratio of at least 1.0 (i.e. at least as much rent as...
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Like many other real estate investors, my first introduction to the space came through Podcast University. I attribute my success in real estate to those early years where the foundation was built using this great to...
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I purchased a condo in Alexandria Va, as a first time home buyer, in 2016. The location is great but the building is poorly soundproofed and my upstairs neighbors have 3 kids in a 2 bed/2 bath unit, similar to mine. I...
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Hi all,I am in need of a small retail space, and I figured with the current situation with COVID I may be able to get super good terms with sellers or landlords. What would be a good creative method to utilize now? (I...
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Hi Everyone. Although I'm not in the US, I believe I can still learn a lot from BP. I'm extracting the principles and get them to work here in the Philippines.
I'm a real estate broker specializing in Office Space an...
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Hello everyone. Looking for any knowledge of purchasing a home within a mobile home park. I'm helping my elderly father purchase one, and it's not in the same state that I reside in. Some questions I have are:
1....
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We put an offer on an 8,500 square feet warehouse with 1,800 office space(s). The property can be rented as a whole or can be subdivided into maybe 3 tenants (each has its own office and warehouse). I'm wondering if a...
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Looking at buying this town for 680,000 gala (or about $60,000) it has 35 spaces to rent out. Not sure what rent would be but I think it will appreciate well. I assume I can rent out for about 600 gala a space. S...