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I haven't had any experience with program tenants in NYC yet but I am considering purchasing a building that has program tenants in it. So I started doing some homework to learn the programs.One part that I haven't be...
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I've been approach by two investors trying to syndicate a deal. There's no concrete deal in the pipeline YET, but they're working with me to determine the blueprint of a potential deal and what are reasonable return e...
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Hello,I'm purchasing three 1b / 1b condos in a good area here in Ohio.I'm financing through a bank and received my final closing disclosures on one of the units.Purchase price is $40k. Loan is $32K.Closing costs are $...
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I'm considering an investment property (Providence RI area). All the numbers seem good, but something I've not encountered before: they advertise and rent each apartment by the room. So instead of a 3-family having...
I am an investor on the side and also a commercial real estate investment lender with a community bank. I've heard about the Chicagoland Apartment Association, but really have no idea the value that I might be able t...
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I am looking into buying a multi family property and for some reason I think that 2 bedroom units can be in higher demand since I am thinking they can re rented by single people, married couples and possibly couples w...
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Is the property tax based on purchase price? For instance, if property tax is 1% and an apartment sells for $10MM, would the tax be $100K per year?
I'm asking this because hypothetically, if the previous owner purch...
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Hello all, I am fairly new to bigger pockets online forums but I wanted to just throw some ideas that I have at you guys to see what you think. I am 27 and live in NY my parents are getting older and I am thinking of ...
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Hi DC BPers,I purchased a SFH in Deanwood with the intent of converting the basement into a legally permitted, separately metered accessory apartment. However, I cannot seem to find other houses sold in the neighborho...
Is it common to use a buyer broker/agent when purchasing apartment buildings?What are the typical terms when putting an LOI in your market? (EMD, Pre-Look, Money goes hard when, Days for due diligence, days to close, ...