I am debating whether to put an ductless mini split AC system for my duplex. I am in Indiana and I am worried that it will be to expensive to run in the winter. Heating is the main issue here. Does anyone have experie...
Hey folks, wanted to run my current situation by you and get some advice on which route to take.I currently have a mobile home park with 14 mobile homes, 6 of which are tenant owned and the remaining 8 are park owned ...
Morning people! Can anyone tell me the pros and cons about withdrawing from 401k to make a home purchase?
Hi all,Relatively new investor here, I own 7 units (SFR's and small multi), but trying to buy my first commercial multifamily apartment complex in Overland, Missouri (St. Louis area). I would be buying it at around a ...
There is a niche in the hard money lending market. Most large hard money lenders leverage their loans with a line of credit from a bank. However, smaller scale lenders (less than $3,000,000 in loan tape) don't have ac...
Hello BP community!Quick background to provide context. I am a multi-family real estate investor currently living in the Pittsburgh area. I bought my first duplex in 2018 and house hacked it, and then moved to my seco...
Frank Rolfe says: MHP value = Lot rent per month x # of units x 60 or 70Laura Cochran says: MHP value = (Lot rent x 12 x # units)/19% or higherBasic real estate common sense says: MHP value = NOI x market multiple (o...
Hello all,I am currently modeling returns on an 8-unit apartment building. The property has been recently renovated and is for student rentals as they're single bedroom units.I've yet to find a property worth pursuing...
Hi BP!Does anyone know how absolute triple net property valuation work? I know there's probably a lot of variables like sqft comps, the tenant, cap rate, etc. but to keep it simple lets say you have a property that's ...
Hey everyone,My name is Luke Johnson, and I've been in the bar business for about ten years, and help to manage three of them presently. My employer, the owner of the bars, started off as a builder, and his family ha...