Hi! My husband and I have two SFH premium rentals and are in discussions for a 0% down, seller financed deal. The house will be fully rehabbed andlst likely turned into a Corporate Furnished Rental bringing in excel...
How do these numbers look on a spec deal? Enough return to justify the risk in your opinion?Lot: $325,000Construction costs: $450,000Financing costs: $35,000 (est.)Closing & commissions: $40,000 (est.)BREAKEVEN: ...
I've been studying Real Estate since 1998. I had my first license in PA then, working through Weikert Realtors. We were remodeling Multi Units on Drexel University Campus. I started listening to the Sheets tapes. ...
A storm passed through this afternoon. Currently, power is on but lightning blew a couple of breaker switches plus WiFi is down, modem is fried, dishwasher doesn’t work, dryer turns on but doesn’t heat, garage door op...
Hello amazing BP folks,I am an investor and Realtor in Spokane, WA. Like what the title stated, I am planning of investing in commercial real estate. As many of us know, this is a different kind of breed lol :) Theref...
Hello BP family!
I am in the initial stages of planning converting my detached over sized 2 car garage ( 30x26, 780sqft ) into an ADU. They will have a private drive and private fenced back yard on the corner of the...
I have a 4-unit property in Maine that I provide heat & hot water that are currently off of the oil fired boiler. Looking at yearly summary, i spent 7k on oil last year. It is cost prohibitive to install 3 new h...
Had our inspection on a 6-unit apartment here in Kansas City last week and the inspector flagged that the old brick chimney has no liner and flue gas from the gas furnace(s) and water heater vent through this chimney....
Hi All - Would love any critiques or feedback on improving my listing.
This is my first Airbnb project and would appreciate any veterans here to give some tidbits of knowledge! Actively working on pricing as I haven...
Is there a standard fee or equity split structure for someone acting as a KP (Key Principle) /deal sponsor / loan-guarantor on a multi-family acquisition? Let's say all they do is co-sign the loan, without bringing an...