We are considering a commercial property purchase to hold & use for expansion of our business. There are currently (3) buildings … a large warehouse, a 4 bay service shop and a small office building on the 4 acre...
My wife and I own and operate 23 senior living communities (assisted living, memory care, and independent living) across Colorado and we are now expanding into Arizona. I've often had people ask if they can invest to...
I know the Cap rate is a significant factor in determine the the true value of an apartment unit. For example the laundry unit or pool or rents in an apartment when buying becomes a determination the the true cap rat...
We bought 2 homes in 1 lot. We have rented 1 house. It has its own different address. Our loan is for our primary address. So, our mortgage payments are combined for both houses. Let’s say we pay X amount in mortgage....
I'm considering the purchase of an old 30k+ square foot school building built in the mid-1940's. What contingencies should I place in my offer? Asbestos, lead paint, a sound structure & roof, .... anything else?
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I've read this article by Sergio Altomare - How to Calculate Cap Rate (& Where Many People Get It Wrong) several times and there is something that just doesn't make sense to me. These basic formulas do make sense:...
Hi BP.! I am trying to narrow down the strategy I'd like to used to get started. As I look at properties around me, I am stuck between (1) entering REI with a flip to gain more investing captial and (2) acquiring a pr...
I’m an avid listener and follower of Bigger Pockets, and want to tap the forums for some advice! I’m a new real estate investor in the Cleveland area and have a couple general and area specific lending questions.
Ar...
I am pretty excited to say the least. I have analyzed a little over 100 deals, made 30 or so offers, and have finally had one accepted! Set to close at the end of this month. It has been a great early learning proc...
For the home value, does one use the tax assessment home value or a recent bank appraisal?This is for a 2 family home, the owner lives in one unit and a tenant in the other.I heard that either can be used, but i’m not...