Hi. I'm looking at a 26 unit motel in a tertiary market. Current financials(according to the P&L) show a little over 35k NOI. Converting to an extended stay, that NOI would be closer to 76k, not including debt ...
Anyone have a checklist they can share?EX: advises the tenants on grass cutting , what not to flush or put into the sinks (feminine products, cooking oil -used or unused), pet info
Hi everybody,
I have been involved in real estate investments for the past year, following a demand from my investors, I began to be interested in the California market with an emphasis on the Bay Area and the East B...
7 Reasons to Invest in Single-Family Rentals Sooner Rather Than LaterIf you are looking to diversify your investment portfolio, a great addition might be a single family home to rent out. There are a number of reasons...
I purchased one unit in a 3 unit building March 2014. According to the decs & bylaws my unit is 40% ownership and the other two are 30% ownership each. The HOA's were documented at $75/mo, and the 'president' of...
I am the landlord of a commercial gastro space in NY State. The tenant has been regularly past due in his rental payments over the last several years but does pay the rent after an average of one month delay. That del...
I just got off the phone with the seller of a house that is FSBO not listed on MLS. It was his Moms house who recently passed away and he wants to sell it to pay off his own house. It is a 3 bed 1.5 bath 1138sqft. New...
Hey, everyone. I own five acres of land that is paid off. Nothing is build on the land. The value around $20k according to the local tax office. Can I use it as colleterial for a loan to add to the down payment amount...
🤯 Up to 60% off book sale starts this Friday! 📚
75% of the BiggerPockets community read at least one book in the past year. That's way ahead of the general adult population in the US, of whom only 48% read at least...
Sharing you Knight Frank's Prime Global Index for Q2 2020: https://content.knightfrank.co...High-end housing markets across the globe, beleaguered by the coronavirus pandemic and the accompanying damage to the economy...