Frank Manning
Self Storage Unit Development
I am looking at a piece of land that I want to develop 8,000 sqft of self storage units. I'm early in the due diligence process but I have identified an off market property and have let the seller know I am intereste...
Jerry Fung
Cap Rates for Large Apartment Complex are Lower. Why?
I am a new investor in New Haven, CT. I notice the cap rate for large apartment buildings (50+ units) tend to price at much lower cap rates than smaller apartment buildings (4-10 units). I'm referring to cap rates i...
Scott Scoville
Seller Finance Opportunities in Sacramento
Hey BP, curious what other wholesalers are seeing in their markets right now...? I'm getting a lot more seller finance, sub2, creative finance deals than ever before. Is this shift here to stay, or is it a window of o...
Dominic Kosteris
Anyone seeing a cooling of the market?
I've seen some youtube videos where seasoned investors are now seeing more inventory and a slowing of surging prices. I have two markets, Northwest Indiana and the Southeast side of Chicago. I'm seeing a slight hint o...
Wilson Lee
High cap rate, but declining population.
I have a MHP deal floating around. But the area has declined in population here are the local stats
population 16,000 down from 22,000 in 2000
Poverty rate 36%
number of jobs is 5.65K
The deals numbers are t...
Nick Giarratano
Will sellers be extra motivated to sell when covid subsides
Looking to invest in PA. As properties become available to tour will sellers be more likely to negotiate on price after having to wait so long to sell their property?
Davon Lowery
Out of nowhere notice from HOA demaning occupany or sell
So, I get a hit from a motivated seller from Lithonia, GA. The property is a 1,300 sqft. 3 bd 2 ba SFR with a community HOA. After nearly 10 years, they decided to enforce a policy that stipulates, that the propertie...
Diana Tran
Advice On Negotiating Repairs With Seller
THIS WILL BE MY FIRST HOME PURCHASE. THE SELLER HAS A REPAIR COUNTEROFFER.I'm not sure how to proceed, any advice would be greatly appreciated.
About the house: It's in Tampa, a duplex. Unit A is about 100 years old ...
Amanda Smith
Buying with tenants - can I get rid if MTM renters?
In light of COVID, I was wondering if there were any restrictions on getting rid of the month-to-month tenants in a duplex I am buying at end of the month. They are paying almost $500 below market value rent and I kno...
Account Closed
Self storage costs of a closed business
Not even sure where to start. I found a closed self storage unit around 30 units. If this was a functioning property and full or close to full 90% or higher what would be a good price? It’s going to take me months o...