Brock Hoffman
What tips do you have for keeping operating expenses low
Hi BP,What are some ways you keep expenses low in an office/retail building? I have heard updating the lighting to led is a huge savings on electric bill. It’s a 1930’s building w retail on bottom floor(they pay utili...
George Lekas
question about mobile home park investing
Mobile home park on a lake in central Florida. Market value, 3.5 million, purchase price 2.6 million. Net annual cash flow, $575K. 91 mobile home sites, 36 RV sites, 16 rental cabins, boat rental and launch site, f...
Tom Donnelly
Corporate Rentals in Smaller Markets
Hi investor community,I have an opportunity to get around 20 apartments in a handful of smaller markets in Texas (Lubbock, College Station) and would like to list them as corporate rentals. I have a few of them liste...
Jay G.
Purchasing first commercial lot
I'm going to be purchasing a small commercial lot from an individual. It's currently off market, but I happen to know the owner and am agreeable with his price. The price is under $200k. Any feedback on the best way ...
Michael Rutkowski
What are allowable uses in Railroad Rights of Way
I have an opportunity to pick up a nice parcel, zoned heavy industrial, for peanuts. There is a 200' wide easement on the property from an old railroad line. It leaves about 10% of the property as clear to develop, bu...
Paul Novak
Dealing With Neighbors
BP Community I recently purchased a rental property in the town I grew up in and I am having trouble with the neighbors. I know this area pretty well and I would consider this area a B class neighborhood, not the bes...
Michael Kretch
The Foxconn Effect and How to Invest
Last year news was announced that Foxconn plans to build a large plant in Racine County, WI. My initial thought was that housing prices and rents should continue to rise nearby to accommodate the future workforce and...
Elisabeth Lernhardt
1031 exchange elimination and the unintentional consequences to
It is time to revisit the Biden tax plan. It clearly states 1031 exchange is on the chopping block!
Ernes Sahic
Buying property for vacation rental
Hello BP Family.I want to discuss some ideas we all could us to expand to areas that are not right in the middle of the tourist hot spots, because most properties are over priced or just priced to high for thousandair...
Paul Sandhu
Motels competing against STRs
There is a refinery in my town. 99% of my renters are contractors doing short term work at the refinery. A cheap motel is $400/week, and that's what I charge for a 2 BR STR. Over the course of 6 years, I've slowly ...