Bab Adetiba
24 unit apt complex Class C
16 (2/2) and 8 (1/1) units. I'm very familiar with the areaFrom P and LGross income: $145,000Gross expense: $53,000NOI: $92,000Asking $1,000,000Weird expenses are $0 for landscaping and $90 monthly for electric. That ...
Joy Daniels
Pets and Service animals at STR
We have a client with shells in the front yard and turf in the back, and they're worried it might hurt pets' paws. Can service animals legally be restricted in cases like this, or should it be worded a certain way in ...
Tom De Napoli
How is the COVID-19 Crisis Impacting Retail Real Estate?
Bigger Pockets Community,
Before the COVID-19 crisis, my investing partner and I were analyzing deals for neighborhood strip centers in our home region. What a difference a month (or three) makes. Over the past sev...
Corey McCue
Detroit
I'm very new to this and have only recently started researching real estate investment, so please excuse my ignorance (as this post will probably be riddled with it). My childhood best friend and I are in the process ...
Nicholas Jose
Lost rental income: use reserves or insurance?
Good afternoon, BP.When you start out and buy that first duplex (or other multi-family property), would you rather A) save enough in your reserves that you're covered for at least 6-months' worth of lost rent? or B) u...
Alexandre Tude
Triple net Pier 1 import as tenant
Would you buy a triple net with a Pier 1 imports as a tenant with 4 and a half years remaining in the contract? Location is good but my concern is the situation of Pier 1 importa, numbers are dropping so quick that af...
Danielle Cage
Trouble with city inspector
Hi, so we have finished our first flip. We have a contract on the house and are set to close on Monday, 4/10.From the beginning we have had tremendous issues with the city inspector when it comes to permits. They have...
Account Closed
Gaining construction skills
Hi guys,
This is my first BP post. I searched the forums first but couldn't find any information. I am sure this has probably come up and my search words just weren't doing the trick, so sorry for another pos...
Laura Srocki
Pittsburgh area foreclosure,first deal, is this a bad sign?
HI, i posted about this property a week ago and i have a follow up question. would you be interested in a property that has been on the market for a very long time? or would you make assumptions that something must be...
Justen Ashcraft
Question about an eviction, input requested.
I was informed on the 4th of the month that one of my tenants lost one of her jobs and would no longer be able to pay her rent. She stated that she would be moving out in the next couple of weeks. I immediately sent...