Hello everyone! first of all I really want to say that this place is awesome and thank you everybody for taking the time reading this.So I wanted to get your opinion about this one property that my friend and I were ...
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Purchased a 3 unit property that was occupied in Philly. Purchase was done with financing. The title company pulls a property certification from L&I stating that the building is legally registered for use as a 3 ...
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My partner and i are in the middle of due diligence on a 36 Unit Apartment building in Spartanburg, SC. In our opinion, there is tremendous value-add opportunity in getting 2 fire damaged units online as the owner de...
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Hi BP, My husband and I are currently under contract on a 4-unit property located in Miami, FL. We plan to house-hack this property (live in one of the units and rent the others for at least one year). We just finishe...
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I am in the process of purchasing my very first multifamily unit investment property. The property listing stated that it was 3-units with 3-bedrooms in each unit. The home inspection was completed, and the appraisal ...
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I am often asked this question: "What is my biggest financial risk in buying/owning a short-term rental property?"
Lots of things come immediately to mind: Septic problems, a new roof, HVAC failure, lower-than-proj...
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I'm planning to go see this house in a few days with a realtor. In the description it says it has an illegal garage conversion but "seller may convert it back to garage". Would you want the seller to do something like...
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Hello BP Family,
I am looking to get advise on a CRE due diligence issue that pertains to negotiations. Here are the specs:
6 unit brick multifamily Apt building-priced at 569,000- negotiated down from asking 600,00...
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I'm looking at a small multi-family in the Pittsburgh area. It's zoned correctly on the county website but the seller does not have occupancy permits for the units. If the seller is unwilling to do the work to get the...
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Hi there people, we bought three distressed properties in Orange NEw Jersey recently. It's two blocks away from a train station, and there are 4 new large apartment complexes being buildt close by the train station.Th...