Michael Patti
Anyone ever successfully sell a self storage to a storage REIT?
Hi everyone,
I found a large warehouse in an up and coming area of Philadelphia. I think this would make a perfect self storage conversion opportunity. The owner is willing to hold a mortgage for a few years. I am w...
James W.
HELP! Buying building but not ADA compliant
I am in escrow to buy a 10,000 sq ft commercial investment property in Southern California. The buildiing has 2 floors with 2 sets of stairs going up but no elevator or wheelchair access. Does the ADA require wheelc...
Eric Long
Flood Insurance Details
Hi Everyone,I am slightly confused by flood insurance, the different tiers, and how that ties into home insurance as a whole.For context: I am looking at a duplex that is currently in the 'highest tier' for a flood zo...
David Y M.
Complicated Inspection Report Findings and Need Foundation Help
I just had an inspection report on a home, and there are some issues that worry me. The previous owner had foundation work done to home, but he has poor records and does not have documentation of it being done - easy ...
Shannon R
NYC multifmily
69 unit elevator building with a mix of 2/3/4/5 bed,some are rent stabilized. Building has alot of violations.
GPR - $914,479, after 11% vacancy $813,886(current)
Taxes $79,884
INS $17,500
Repairs $85,000
Labor $22...
Spencer Gibson
How to get accurate hazard and flood insurance numbers?
Hello all, How is everyone obtaining accurate costs for hazard and/or flood insurance that can be used for the deal evaluation phase? I am crunching numbers on a wide variety of property types by using the bigger pock...
Kevin Craven
Flood insurance premium concern
I found a property that cash flows nicely but there is a $3000/yr flood insurance premium. The area is under-market value for the area and is developing. I just wanted to get some feed back from people who may have be...
Will Fleischer
Turned in my two weeks notice 😯
Hey hey hey!! Turned in my notice today, going to be doing things a different way 🤪 full time entrepreneur and real estate investor now!
Michael Acevedo
Flood insurance Hampton Roads Virginia
What’s everybody’s take on Flood insurance within Hampton Roads, Virginia. I’ve had a co-worker who lost her house before due to not having flood insurance. Thankfully, the military helped her with the relief Corp, bu...
Phillip Lebron
Changing flood zones
Looking at some deals in the St Petersburg Florida area. Some parts of St. Petersburg are not in a flood zone. I know for some homes that ARE in flood zones in the area, the property owners have some astronomical flo...