With both of my parents being entrepreneurs, I realized early on that working for others wouldn't give me the freedom I wanted in life. I went from selling snacks & sodas in vending machines at my dad's barbershop...
Hey, All.
I'm looking to purchase a mid-sized multifamily property with a partner. He's providing the bulk of the funding; I'm analyzing the deal. Where I'm stuck is figuring out how to add value. I understand that M...
Please advise on this property:
72 unit apartment building in a cul-de-sac, built in 1978, all 1 and 2 bedroom units. 1 Bedrooms go for $375 and 2 bd for $425.
Now they're asking $1,000,050 in a short sale.
Their cu...
Hello BP
I have a question about the 50 Percent rule. I was wondering how to justify more expenses just because there is more rent. For example lets say I have a property that rents for $500 and according to...
Hi BP!
I'm looking for some insight on The Iron Works Community in Sacramento - I'm interested in buying a rental unit. Listings for a 2 bedroom / 2.5 bath (1,320 SF) have been coming up on the MLS at a range of $39...
In my area food carts have become a big deal. People are enjoying great food at a very resonable price and these little businesses are sprouting up all over.
Just for fun we started talking with the owner of one and ...
I have a tenant in a triplex that owes 1 month rent. I told him I was going to start the eviction process two weeks ago and haven’t heard from him since. (There have been ongoing problems with his rent payments). Th...
Hello,
I just bought a house in the southwest suburbs of Chicago. 3 BD, 1.5 bath, immaculate. However, i've only gotten ONE call in about a month. Advertising in 2 papers, MLS, and on a rental house website. Is ther...
Good morning!We might make an offer on a multi-family property, and it's not a great deal (wait...don't judge me yet!).What makes the property unique is that there is a separate 6-car garage in which all of the garage...