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Hey guys!
I purchased a triplex through a short sale in 2013. It's 2 single family homes and one of the homes is a duplex.
When I bought it, one of the "selling points" was I could build up to 8 units. At the tim...
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Asking $2,300,000
72 units - 1 bedroom/1 bath - 700 Square Feet - $460 monthly rent
8.3 Cap Rate - great for area
98% occupancy rate - due to low rents for area
49% expense to income ratio
Fishers, Indiana
• Upside...
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Dear BP RE developers:We are building a single storey 2 Unit 2250 sf flat roof retail building (unfinished) in Houston on 8200 sf lot on a busy street. 1. Was told that it is likely that we need to build underground f...
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We just added a 2 bed 2 bath condo in Breckinridge. in the village two blocks to gondola. The unit also has a pool ,hot tub,under ground parking and game room. We are based in Ohio and looking for recommends on Proper...
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So tomorrow I am going to walk through a 14-unit all-brick MF property. I've done dozens and dozens of walk-throughs and have underwritten probably 250+ MF deals in my time, so I'm generally familiar with and have a g...
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Here are the vitals:48 lots31 occupied with a trailer on them, Average lot rent is $20013 trailers are owned by the park with 2 of them needing work(8-9 of these are currently rented out) The total rent is $550 on the...
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We're thinking about putting in an offer to an owner he wants 30% down on a mobile home park He will carry the rest of the loan I'm a bit confused because we're not using a realtor this time and we're going to try ...
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I have the opportunity to purchase a MHP with an interesting twist. It is a total of 55+/- acres. 9+/- are developed with 27 pads. The park has paved roads with curbing, drainage, etc. Utilities are Public, indiv...
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I'm looking to invest into real estate, if someone can please help guide me about which type of property would allow me to earn an bonus depreciation?
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I'm working on closing a 2 unit. There is a full basement with storage for both units. There is also a 2 car garage that has been framed with a dividing wall needing only drywall to finish. The question is should I re...