Hello Everyone on BP.I'm in a commercial real estate transaction, and my attorney is charging a fee of $2500 for closing, Does anyone know the average attorney fees in new jersey?Am I overpaying or is this standard.T...
Hi! I'm a recent in investor in Lubbock, researching the commercial property market in San Antonio. Anyone have market cap rates or even income/unit for B and C class apartment complexes (5-20 units)?
Thanks!
Investment Info:
Condo fix & flip investment.
Purchase price: $110,000
Cash invested: $58,000
Hi,
We are currently flipping two condos on the same complex (Wynmoor). After reading several books a...
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Hello, I'm trying to analyze an apartment building that is currently rent restricted (LIHTC), senior complex. I'm not familiar with LIHTC properties. The current owner says it expires in 2029. Does that mean the bu...
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I am considering purchasing a investment property to get some monthly cash flow from rent. It is one unit in a condominium complex. The complex has 5/6 buildings each with 3-4 units. I think most of them will be used...
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Hi All - My wife and I have been gifted a home that appraised for $250k. With this great and amazing gift we are trying to decide the best course of action for us to get started in real estate. We know that if we want...
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Hello all,
This is my first post so I apologized if it is in the wrong place.
I am looking at two different deals, both are for multiple duplexes. One is an entire complex made of 11 duplexes and 1 5-plex all on one...
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Most likely,the valuation for small multi-family properties will employ comparative sales approach.In this case,the rent improve will most likely not influence the valuation of the property.So I would like to know wha...
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Can anyone recommend a good one? Looking for one that manages all over the Metroplex and is experienced in multiple neighborhoods.
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How do you run numbers on multi family properties? I know how to do everything with a single family home, but i am not sure if the same rules apply to multi family.