My goal is to purchase a $3 million office building. In my market, the cap rate seems to be around 4.5-5%, but lets just say 5% for easier math. That means an NOI of $150,000. For purposes of this discussion, lets ...
I'm at the point in my real estate investing career where I'm using a realtor. I have a great realtor and I'm super happy with her. My issue is that I feel like a lot of negotiating gets lost in transition between me,...
Hope everyone enjoyed their weekend.
I am looking at a commercial apartment complex. I've ran the numbers multiple times and continue to see this property as a great investment. I am looking for two things from the ...
As a real estate investor you see all kinds of really WEIRD stuff.
I remember inspecting an attic for a house i was thinking about buying. It was full of HAY. Yes Hay.. like in straw! The owner needed more insul...
Hi Everyone,I'm new to this forum. I have few questions regarding the potential development of a multi-unit apartment building in Los Angeles.1. What's the approximate cost per sq ft to build 3-4 story building with...
Hey everyone! I'm in the refinancing process for a BRRRR deal I just did, and the appraisal came in much lower than my partner & I had anticipated. We felt we had 2 strong comps to justify pricing, which sold in t...
Hello BP,Looking for insight from investors who have experience in class B & C student housing properties. There's a value add play I'm considering for an 18 unit class C property in Baton Rouge, and I like the t...
Hi Everyone, I'm Steve and I'm new to BP, but have been investing in multi-family for 24 years. I'm looking for other seasoned multi-family investors to brainstorm on how they generate additional income streams. As e...
Hi Guys, I'm currently working on a deal with a 5-plex building in the package. I will sell off the 5-plex once I have successfully closed on the overall package. (Basically to pay back my initial investors). I'm w...
A few thoughts. How much should I expect to pay for a coin-op laundry machine (washer &/or dryer)? Is it okay to go with a used one?
What kind of revenue can I expect per machine? I realize this will depend o...