Nicole Harrington
Help me analyze this deal
So the biggest challenge I see with this property is the lot size. It is big enough to split and that would be my plan. But how do I calculate that into the deal? Knowing I can sell the other lot off or even better bu...
Joseph Quarto
Best use of Equity cash vs Tax Implications
Hi all,We have a multi-use building with a LOT of equity and only about $65k left on the 7 year mortgage @ 5.15%, due in 2018. We want to buy with cash maybe a small duplex, where we live in & have a renter. If w...
Account Closed
Investor-Friendly in-fill and MF builders in Houston?
Looking for insight from those with real-world experience working with builders on in-fill lots or multifamily in Houston. A bit above builder-grade (definitely not Luxury). What are your average costs to build per sq...
Allison Meggison
How do I calculate an offer on a tear down
I found a house that’s been abandoned for a while and needs to be torn down but my question is this, how do I calculate an offer ? Is it the land value ? I’m guessing I deduct the cost of demo and possibly price to re...
Chris Conroy
Best Units to rent out
I am building a triplex in San Antonio and was wondering what type of units you find best for renting. We are looking at building a triplex that has one 2 BR 2 BA unit and two 3 BR 2 BA units. I'm just having a hard t...
Kelli Dallimonti
Building and selling
I have a lot in a neighborhood with no HOA that I inherited so I didn't pay for it and I'm getting offers from a builder in the neighborhood for around $35k. Someone else said what I should do is build a house for $30...
Elandrous Peoples
New Construction Duplexes
I want to build 6 duplex buildings in the city where I live and rent out the units. I have contacted several hard money lenders, and one of their requirements for a construction loan is for me to have completed three ...
Nick Baldwin
Cost of tearing down existing house for New Construction
Have any of you guys had experience with tearing down a house and building new construction on the lot? More specifically in St. Pete but any experience in the Tampa Bay Area would be useful.
Was the permitting for...
Account Closed
California Property with Equity but no CashFlow - Next Steps?
Hi BP Community,I bought a duplex in 2009 in San Diego and have accumulated equity (on paper), but it has never cash flowed. I have since relocated to Georgia and I'm considering cashing out in San Diego to build a ...
Rich Jordan
How Volatile are Cap Rates, Really?
Particularly with regard to Multifamily/Apartments. One reason I love this asset class is the opportunity for forced appreciation through building income and/or lowering operating expenses.One factor out of an investo...