I am looking around in the midwest for my first multifamily apartment. I am seeing several multifamily apartment complexes, usually 6 to 8 units. The cap rates I am calculating appear around 5%.
Example: Property l...
Good morning BP family,Today or tomorrow I should have a signed contract on a commercial property that I need to rezone to Residential. The listing agent seems to think that it’s no big deal, they just press a button ...
On a different thread, I was challenged by my usual sparring partner @Eamonn McElroy. Our purely theoretical disagreement was over a $100k excavator to be used in a rental business, which I'd call a stretch to even co...
I'm looking to purchase my first property in the very near future. (Duplex househack in North Jersey) I have 5% of the purchase price saved up + enough for closing costs, immediate repairs and reserves (roughly 5 mont...
I’ve learned a lot since I began wholesaling about 2 weeks ago. The question that keeps me stumped is how new wholesalers close deals quickly w/o knowing repair value or having any knowledge of how to walk a home and ...
Investment Info:Large multi-family (5+ units) commercial investment investment.
Purchase price: $5,200,000 Cash invested: $825,000 Sale price: $11,450,00048 unit apartment complex that we rezoned to condos ...
I am conducting some research for collecting data in order to better serve my real estate bookkeeping clients. If you can spare a few seconds, I'd love to hear your method for maintaining your financial records for yo...
Happy New Year, everyone!I am under contract for a multi-property turnkey deal that covers a rust-belt area of central PA. I am comparing insurance rates for the portfolio and was offered widely varying quotes. What...
When determining the repair value for flipping rental properties, there are several factors to consider:
The scope of work: The first step is to assess the property and determine what repairs are necessary to make it...
Hello all,
Following my recent post about house hacking, I wanted to write a little bit about investing in Padsplits. We see a lot of clients looking for Padsplit properties and I thought I’d share what we look for....