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Has anyone gone from 8 units to 4? Or 4 units to 2? I know it’s against the status quo but just a random late night though I had. What if we turned an 8 unit into a “luxury” 4 unit? Would a full gut rehab probably b...
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A buddy of mine and I are thinking of going into the storage unit facility business. We are looking to purchase acreage in a town and construct a storage unit facility. We have done a feasibility study and the stud...
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Hello,We are considering a commercial policy for our properties (only 10 SFHs). New to this process and need help understanding the valuation amounts. Agent says I don't have to insure for replacement cost if I don't ...
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Hi BP World!
I am looking into a mobile home park in Colorado. I was wondering if anyone with experience in mobile home parks located in Colorado could guide me on a few numbers. I want to breakdown the acquisition ...
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With year-end and the holidays rapidly approaching, I thought it might be helpful for investors to share year-end tax planning/tax management strategies with their fellow investors. We often get so busy at this time ...
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I'm getting a new title at work at will be moving to Dallas soon. I'm heading up the office so I can live/work anywhere in the area. I'd like to get a quadplex in a good part of town although I would settle for anythi...
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Just a quick update to all my fellow short term, multi unit or property investors in general..
I've been working closely with both investor specific mortgage brokers and local credit unions on in house portfolio loan...
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We're closing soon on a conventional mortgage for our primary residence. The mortgage broker is claiming that 4.25 is the best available rate today. Sounds high to me. Any thoughts on the rate? Am I way off base think...
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Hello,I am evaluating turnkey vs. non-turnkey as an out of state investor. As I build out my model for ROI, do turnkey properties typically allow you to set aside a lower percentage CapEx / repair expense each month?...
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Hey BP,
If a seller has approximately 8 properties and wants to sell them all.
As a wholesaler what would be a rule of thumb to create a successful deal/ package for myself,the seller and my potential buyers.
Thanks...