I've got a young couple living in a SFH built in the 1940s. Many of the walls in the house are masonry, so replacing plumbing is prohibitive. The bathtub has the old style valves—one for hot and one for cold, and t...
Background: Next month the largest maintenance operation in the history of the refinery in my town is going to start. It'll take 6-8 months. My towns population is 9500. From start to finish of this operation, the...
When stabilizing a unit and getting your NOI in a good spot: How does the bank determine the value of the property without a cap rate? If all you have is an NOI, who sets the cap rate, and how?
....but I'm having difficulty apparently locating the settings!Where do I go within BP to adjust the necessary settings to continue to receive Allison's weekly email (Allison @ Biggerpockets) containing "LATEST POSTS ...
You may be thinking that “Happy New Year” is a strange title for this column since we’re in the middle of April. Well it’s not. That’s because I’m talking about the Hebrew New Year. It just started, and we’re currentl...
Hi BP members!
I need some direction while running my numbers for a deal analysis. When it comes to running the numbers, I know all of the basics such as using the sales price and finding all expenses associated with...
So this morning I received a call from my neighbor across the street from one of my properties. My neighbor was calling to let me know she had called 911 and the Fire Dept after she watched roofers working next door s...
Hi Everyone,I am looking to purchase an investment property in Apex, NC. (I live in SF, CA).I found a property I like, but the inspection report just came back with a lot of items. I was hoping that if I posted the it...
Hey team I have a quick question, so I found a great 4 plex to house hack in a C+ area only thing is the owner has to play the utilities, should I stay away from properties like this ? If so what will be some pros an...
Terms in CRE lending that everyone should know...Adjustable Rate Mortgage: Mortgage where the interest rate adjusts periodically up or down through a set index. Also called a floating rate mortgage.Adjusted Gross Inco...