Drew Petro
Car Wash Asset - What Am I Missing
Gross revenue of ~$75k, NOI of ~$35k, valuation based off 4.3x gross-revenue, not 5-7% cap rate. Better Cash flow monthly?My realtor called me recently with an interesting investment opportunity - a local car wash. It...
Michael Fortier
Questions about buying a mobile home in a trailer park.
Howdy everyone.I am very interested in purchasing mobile homes for cash and owner financing them to buyers. But I have a few questions first.How does a mobile home sale work? Is it more like a sale of a car or like a ...
Shanna Lachappelle
foreclosure questions and advice help
I am in the begining stages of foreclosure. I was forced to relocate and walked away from my home n CT. Bank would not work with me on deed in lue or short sale. I really have no other option than to let the proper...
Travis Reed
Laser car washes difficult to manage??
A laser car wash popped up for sale locally and is advertising an awesome 11% cap rate. Is this typical for a car wash? Usually higher cap rate indicates a risky investment or am investment that is difficult to manage...
Patrick H.
Car Wash Tax, Rent it or Run it??
Good morning all! I was cold calling last night trying to find another storage facility to buy and came across a owner that has two car wash business that he is thinking of selling. Im a out of town investor and hav...
Matthew Schroeder
Indianapolis - What is the Value of a Garage?
Dear Indianapolis BP Members,Your input, comments and feedback are greatly appreciated on the value ($) of garage in Indianapolis. I am trying to assess what the cost/benefit is of having a 2-car garage vs not having ...
Ryan Deasy
Car washes - who owns one and can share their experiences?
Hi everyone, I am looking to connect with people who own a car wash. I am looking into buying one and want to try to learn as much as i can about them. i have some numbers available from the seller and would love help...
Patrick Maranuk
[Calc Review] Help me analyze this deal
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Han Oh
Buying a 2nd lien note with owner in bankruptcy
I am in contact with a 2nd position private lender who is willing to sell his note at a small discount. The property is in California, the sale date is scheduled for mid December and he is the foreclosing lender. Ther...
Erica Veit
Should I put my car in my LLC name if I intend to use it as a Realtor?
Hey everybody:I'm trying to get set up correctly with my real estate investment business and I have a question. I just got my GA RE sales license in June, and I just formed my LLC in April so I can flip houses and gro...