Tracey B.
Limiting management of 100 door apartment complex
I'm considering buying a multi-family property with approximately 100 doors. The NOI, based on the forecast provided by the on-site management (extrapolated from previous years), is $220K, though this is after $60K in...
Arthur Banks
Car washing and minor maintenance
Do any of you landlords allow car washing (tenants responsible for all utilities) and minor car maintenance on your properties? I'm under contract for a 2 flat in which I am having the plumbing redone (stolen copp...
Marc-Andre Bordeleau
First investment: 16-plex apartment building
Hey guys thanks for coming. I was looking at this apartment complex and ran the numbers on BP's calculator and thought I might as well ask for your opinions on this deal. I think it looks like a solid deal on the outs...
Robert Jordan
Condo Maintenance Expense Budget
Hi all - I’m a first-time investor located in Chicago who is still learning the ropes of underwriting. I’m looking to buy a 2/1 in the 350-400k range as a primary residence and rent out the second room as a first step...
Vlad Selsky
Great investment, but zero HOA reserves. Show stopper?
After a very long search, I am days away from signing a P&S on a condo investment. This is in Boston. It is a residential unit in a 12 unit complex. 9 are residential, 3 commercial. The cash flow and IRR are fanta...
Stacy Tring
Investing in someone's primary residence
Cousin A currently lives in one half of their primary residence and rents out the other half.Cousin B has a rental property they want to get rid of by doing a 1031 exchange.If Cousin B buys 50% of Cousin A's house as ...
N/A N/A
joint ownership with...gasp...friends
Before you warn me of the pitfalls of investing with friends, please know that we have thought carefully about this and understand what we are possibly walking into.
That being said, here is the situation: there are ...
Account Closed
The most common red flags from motivated sellers
What are the most common red flags you run into from motivated sellers? I'm not asking how you answer them, just more some common road blocks that seem to be the most prevalent with the sellers. Thank you.
Account Closed
features of quadruplex in quebec
Hello, does anyone with lots of experience in Quebec/canadian 3/4/5 plex have an opinion on these features? in particular, poured concrete, vinyl siding, and electrical heating? strengths/weaknesses of the respective ...
Cory Sparks
What information do I need to get before buying a commercial prop
I am helping someone out that is looking to buy a commercial property. It is a strip mall with about 14 units with a cap rate of 8.37%. I am doing all the calling around to get all the numbers. I will be a property ma...