Brian Schmelzlen
Seller Financing- Pay more than FMV?
My goal is to purchase a $3 million office building. In my market, the cap rate seems to be around 4.5-5%, but lets just say 5% for easier math. That means an NOI of $150,000. For purposes of this discussion, lets ...
Ben Sears
Meeting Between Realtors and Sellers
I'm at the point in my real estate investing career where I'm using a realtor. I have a great realtor and I'm super happy with her. My issue is that I feel like a lot of negotiating gets lost in transition between me,...
Robert Rodriguez
Investing with an owner
Has anyone ever invested with an owner of a property , that wasn’t willing to sell their property because the offer wasn’t what they could be satisfied with but they were willing to allow you to build on their raw lan...
Michael Calderaro
The Insider's Look at Requesting a Laundry Proposal!
Greetings Gentle Readers!Typically when a property owner or manager needs a laundry proposal they contact a laundry company and ask for a “proposal” without giving the operator, specific, if any guidelines in which th...
Jackie Lange
The Strangest Thing You Ever Saw?
As a real estate investor you see all kinds of really WEIRD stuff.
I remember inspecting an attic for a house i was thinking about buying. It was full of HAY. Yes Hay.. like in straw! The owner needed more insul...
Victor Rosso
How should I think about this RE deal?
Hi, wife and I are first-time RE investors, based in Chicago. Our offer just got accepted for a new development duplex-down in a high-growth neighborhood of Chicago. Trying to pressure test the deal financials with th...
Carlos Boho
Multi-Unit Apartment Building Questions
Hi Everyone,I'm new to this forum. I have few questions regarding the potential development of a multi-unit apartment building in Los Angeles.1. What's the approximate cost per sq ft to build 3-4 story building with...
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Due Diligence List ?
Hi,
I'm looking invest in a few apartment buildings. What should be on my due diligence list ? When someone here acquires a property whats on there due diligence list ? Thanks.
Steve
Luke Grieshop
Low BRRR Appraisal - How to handle?
Hey everyone! I'm in the refinancing process for a BRRRR deal I just did, and the appraisal came in much lower than my partner & I had anticipated. We felt we had 2 strong comps to justify pricing, which sold in t...
Hayden Haucke
Student Housing - Multifamily
Hello BP,Looking for insight from investors who have experience in class B & C student housing properties. There's a value add play I'm considering for an 18 unit class C property in Baton Rouge, and I like the t...