Extremely new to Re devlepment here...upon my own studying I noticed that HOA is a huge component in determining the for-sale price in development projects. I'm wondering if anyone can share their experience in determ...
Just starting to look at some Metro Detroit, Michigan properties and want to make sure that I have enough of the bits and pieces accounted for in my calculations.Would the property below pass your initial glance test ...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $68,000
Cash invested: $376,000
This was our initial purchase in Cotter after retiring from the Army. We di...
My tenants who just moved out did quite a bit of damage to the property. I repaired everything that was damaged and sent them the letter listing all the damages and costs to repair and telling them they owed me an add...
Hi BP Family,I am looking to invest in Multi Families (5+ units) and I am starting with the education process. I know financing will be a part of my plan, but I am new to the world of commercial financing. My first th...
I just met with a lawyer this morning, he wants 1250 bucks to do my LLC formation papers, I understand I can do this online but I want to make sure that everything in the future that I do is air tight and Im willing t...
Hello all! My question is what would be the most important steps or basic outline of what to do in regards to investing in a multi-family home ouy of state. Where to start/what to do?
Hello everyone,
I am trying to decide how much my initial offer should be on my first property. It's a 2 family appraised (by the city) at 175,000 but the seller wants 209,000. Do I go off the appraised value or t...
I'm preparing to make an offer on an 8 Unit, the seller is letting me walk through all the units and property before I make the offer. Is there anything I should look for when conducting this walk through? I have gen...
Need Advise: I have a rental property in an LLC that i had paid in Cash to get the best deal and quick closing last year. Is it advisable to Refinance it and take my initial investment out so i can look for another "q...