When analyzing a multi-family or apartment is it appropriate and reasonable to ask for documentation on the leasing history and annual/monthly utility cost that is covered by the owner?
Thanks in advance!
Fifth Realty is looking to hire an experienced and aggressive licensed Real Estate Broker to run and manage our new Philadelphia, PA sales office. As one of the most important hires in our company’s history, the Real...
I'm using Loopnet to find multi-family properties and wondering the accuracy of the cap rates. Has anyone used it to purchase a property?Also, should I be using cap rate or something else?
Do you want to gain a competitive edge and secure better terms? Leverage your findings from due diligence. Here's why this is so important for negotiation and decision-making.
First, understand the seller's professio...
I read this article today on Investopedia:Why The First $1 Million Is The HardestA couple of points in the article stood out to me and I figured some folks on BP may have some opinions about them:1. Extra Wealth Mean...
As a property manager, one of the crucial and multifaceted responsibilities is ensuring that landlords have reliable tenants who will treat their property with respect, maintain it in good condition, and pay rent cons...
Hello everyone, I need advice in reference to using a HELCO or Bank Construction loan to build a new home. I have a lot and I want to build a new home on it as my primary residence. I currently own a home with a lot o...
So i found this listing in Loopnet for an office building at $1.2mil w/ a 26% cap rate.It's in a pretty good area and 100% leased up.Talked to the agent and he said it's closing tomorrow; final price $1.05mil and stat...
Good Morning All, I'm a newbie to this site and I have control of my first property. I even have the keys to it. Well I have a lady whose house was up for auction in November and she filed bankruptcy so now I sent in ...
What are some tips and actions I need to take in order to acquire my first deal?