Thomas Roper
Institutional Commercial Real Estate Lender from Chicago
Hello, biggerpockets! I am CRE professional living in Chicago and starting to test the waters as an owner/operator in the form of stabilized, cash-flowing 2-4 unit assets. Over the last 8 years, I’ve worked for two ...
Crystal Townley
Reverse 1031 Exchange
Has anyone done a Reverse 1031 Exchange? What lender did you use? Having a hard time finding one that will do this. TIA!
Karl Huther
How old is too old for rental investments?
I’m new to rental property investments. I see some in my area that look to be in decent shape but says the property was built in 1886. What would be reasons to shy away from a property like this? I’m up for the challe...
Edita D.
electrical upgrades to our 4-plex
Hey guys,
we bought a 4-plex a year ago for a good price, but it needs upgrades. We are installing 5 new water heaters (6500$), and also wanted to upgrade electrical since it's only 30 amps (built in 1950).
Property i...
Hiren Patani
How much to pay for a RV park or a mobile home park?
Hello,I would like to know whether seller's asking price is a fair price ( not over asking) for a running RV park or a mobile home park? What should be my break even point? Should one pay 2X or 3X or something else of...
Jeff Brenot
Getting an electrical transformer removed from property
Hello BP, I am currently in contract to purchase my first property, and I'm super excited/nervous at the same time. It is a 4-plex in Austin, TX and I plan to occupy one of the units. The back yard is great- each unit...
Joe Stone
Looking to hear the good stuff
Hello, Can anyone share any stories about how buying off market has added value or truly helped the seller. Im in a debate about how wholesaling is a predatory practice.
Ryan Fox
Piercing the corporate veil in California
There seems to be a lot of confusion on BP as to how you lose the protections of an LLC or business entity. In legal terms, this is called “piercing the corporate veil.” A business entity can shield you from liabili...
DL Martin
10 year easement contract with Time Warner Cable? Experiences??
I have a 38 unit apartment complex. Twenty five years ago (or so), the building was wired for cable. It is now a mess. Time Warner came out to do a site survey and have offered a complete, professional rewire of all t...
John Pruner
LF name of Chicago Southland turnkey company
Hi,I've heard a turnkey+property-management company chief named John interviewed on a couple podcasts. I know they have a lot of properties under management - around 1600, and have done a big hedge fun deal (this was ...