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I am putting together a package to present to private lenders for a 5 unit building. I am curious what cap rates are nationally for small multi family C class buildings.
I am using a 12% cap rate which I figu...
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I put a downloadble pdf of Napoleon Hill's "Think and Grow Rich" hereAnd a youtube video of Napoleon Hill talking about the book.Napoleon Hill (October 26, 1883 – November 8, 1970) was an American author in the area o...
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Hey BP! Ive owned a property for 16 years with almost no problems. Now in the last 48 hours I find myself in a total and literal quagmire. I know I will need to get some legal advice, but I am really looking for so...
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For anyone trying to access the site over the past 4 hours, you noticed that we were completely offline. We had a massive crash to the servers and are still working on a long-term fix, but we're at least up temporari...
There are quite the number of laws and regulations for landlords (lessors) and tenants (lessees) in the Commonwealth of Massachusetts making this state quite tenant friendly. This increases the financial risk and resp...
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My wife and I own a two-flat in Chicago, and we're planning to upgrade our heating system. Currently, we have boilers and radiators that we want to remove to create space in the basement for a future conversion into a...
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Greetings! I want to thank everyone for reaching out about my last post regarding Podio Automation... The response has been overwhelming and humbling. Thank you!Since that time, I have had the opportunity to work with...
I bought a waterfront lot few years ago for $425,000. I owe $200,000. It was a 5 year note which is due in February 2013. The value has dropped since I purchased it and it's now worth about $275,000-300,000. I'm not t...
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Team BP,
Just had this come up with one of my tenants. In retrospect I should have foreseen this coming... but missed it. I acquired a property last year via foreclosure. It required some renovations due to d...
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And my question related to: dishwashers in rentals. What brands do you all suggest as being the best all around for a rental? For my own house I would buy a Bosch - but I hesitate at paying over $1000. for a rental...