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I just appraised a 48 unit, 6 story building constructed in 1965. It is located in a nice suburb of Boston but not premier location. Value based on current market data: $185,000 per unit, 11 PGIM, 5.5% cap rate.
Is...
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Hi All,I'm currently evaluating a park with 65 pads with no vacancies, at a lot rent of $450 for a Gross Income of $351,000. The Seller is willing to finance the park with a low Down Payment, between 5-10%. The Seller...
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Hello Gainesville Investors!
I’ve noticed that there hasn’t been much recent discussion or activity specific to the Gainesville, FL market, so I wanted to start a conversation!
I recently launched a short-term renta...
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Let’s start a list of issues with the property it self and how we fixed them:1. Painted over wall paper - used a belt sander with 60 grit, then a skim coat mud, then normal paint prep.2. Not enough matching doors - re...
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I have a question on what is the appropriate commission to negotiate...
Background: For 5+ years my wife & I have been planning on semi-retiring & watching a semi-rural area (ranching/farming type community w...
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I am a new investor in TX. Does anybody have any input around whether it is feasible (or advisable) to start out with Multi-Family, as opposed to Single-Family?
I like the multi-family model more and in the long run ...
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My plan is to post a series of experiences with the hope they provide information that may help someone else as they start their real estate investing journey. Lesson #1 - Don’t Open the Fridge!!One of the first thing...
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Hi.I am interested at swooping up a vacation rental style investment in the shape of a duplex that would also double as a long term rental should it be necessary. I would live in one side. In most markets I have looke...
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Hello BP Community,My partner and I put in an offer on a 2 bed, 1 bath single family attached rowhome in Baltimore about 10 or so days ago. This is our first offer ever. We still haven't received a reply on whether th...
Hey BP fam! Curious... what are your favorite areas in TX to invest in and why?
If you're a newbie and just getting started... where are you planning to invest and why?