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I understand best practice for residential is to plan for 50% operating expenses, but what about commercial operating expenses?
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Starting small in real estate. Should I choose resident or commercial? Pros and Cons?
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Is it common, when makIng an offer on a commercIal multIplex, to place a contingency for all of the units to be under lease agreements? I am currently looking at a 6 unit property near a university but only 3 of the ...
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Hi all. We recently acquired a property that we are going to brrrr. We decided to put the property in our LLC. This is our first time and I would like to know which commercial lenders are best for refinancing. We woul...
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Hi BP Family, I am looking for multi-units to add on to my portfolio. Getting deals is not the issue. My first few flips we have paid them all out cash and I have gotten great values, all off-market deals. Now as we a...
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hello beautiful people!!!QUESTION?? I talked to a guy who has property zoned for commercial. the surrounding buildings sold for average $135,000+ and he is asking $60,000. it has new wood floors, a/c, new electrical o...
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Are commercial multi families brokers available to show property only on weekday or are they available on weekend as well? I was told that commercial brokers work only M-F which means if I have to see property,I shoul...
I have been in real estate a mere 12 months, so I am fairly new. I am currently doing residential but have had multiple commercial deals come up in this time. I have been referring these deals to my brokerages commerc...
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Hi, I am learning about commercial loan terms and will meet with a lender on Monday. Hope someone could answer some basic questions I have!1. People on the forum mostly talk about short-term fixed rate loan for 5-7 yr...
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Hi, I have a commercial property that I am looking to purchase for 115k and an interested buyer coming in at 250k. My concern is if my buyer backs out of the deal then I need to float the building until I find another...