Ok,
SO I have a freind that calls me and wants me to fly to Detroit to Invest..
Here's the deal he has 20-30 properties that we can buy for 15K fix for another 30 K
We will be Rehabbed at 45K
These rent for $900...
How do small town banks appraise storage facilities? I’ve found that most “mom and pop” owners have no idea what a CAP rate is and just know what they paid for a place and what they think it’s worth. There is no conce...
Here is what my EIDL documents say and I would like to discuss some points here:Borrower will not sell or transfer any collateral (except normal inventory turnover in the ordinary course ofbusiness) described in the "...
HI BP friends another question regarding tenants here....has anyone had an experience they'd like to share about negotiating with tenants (rather than evicting them) for a tenant buyout so they leave voluntarily? Woul...
Looking at NNN commercial properties. In researching I've found content regarding the valuation of the property based on its lease/size etc. However, how do you value the property if the tenants leave (empty commercia...
I was recently passed down a property that has a return on equity of around 10%. The property is paid off in full. The logical thing to do should be to refinance the property and use the money for other investments.
...
Hello BP members. Recently I purchased a new rental that was distressed to say the least. I purchased the property from a landlord who was just burned out. His tenant went on a drug/drinking binge and he and locked hi...
I wanted to get some thoughts from the veteran flippers about the new structure my GC and I came up with. See the following:
Previous Structure
-GC bids job
-I pay 30% at beginning, 30% halfway, 30% before final walk...
I am not very interested in placing bandit signs as I think they are tacky and unprofessional despite everyone raving at how well they work, with that being said I have a full time job making a substantial income so q...
I was wondering if anyone on this site has used this property managing company before? Or if any of you more experienced investors could over look over this info to see if this company offers a good pro...