I'm driving out of town today for work and I see what looks to be a huge vacant apartment complex. I drive around the property, and after realizing how big it was, thought maybe it was an old assisted living facility ...
Context: I'm looking to move from small multifamily (duplexes, etc) to medium-size low-rise apartment buildings: 10-50 units, 2-3 story buildings.
From my previous experience, I feel fairly confident about what t...
As a complete newbie, is there a "check list" of things to ask a potential seller? What would be the most important things to NEVER forget when considering a property?
Hi BP friends!I'm looking for a SF architect who has experience legalizing illegal units. I have an SFR with an illegal in law downstairs that we want to bring up to code. Any referrals welcome! Thank you.
Long story, short. Five months ago, we signed a six month lease for a home. Owner said she might be interested in selling it later. We thought we might be interested in buying at the time. Had to move here fast, to...
Hey BP community, Here is a little bit of background on our current deal:5/3 SFH on a quiet residential street in Hudson Valley, NYList price: $135,000 Taxes $6,000 Very good condition, HVAC systems are 2009 or newer,...
Hello, I have just rented a residential apartment to my downstairs commercial tenant, he had advised he wanted a pt apartment and office for his business. I had asked if he would have customers come to the office, h...
I’m making the switch from multi families to commercial. I’d appreciate thoughts on this deal:Medical building priced at $1.9M. Tenant just signed a 7 year lease at $14,667/month with two 5 year options and 2.5% incre...
Recently, when analyzing properties, I have seen multiple scenarios of deals for the properties I've been analyzing falling out. I am still a novice in the space, so forgive me if this question is asinine. I was wonde...
I have acquaintances who are looking for a commercial space for their business, about 3,000sq/ft and are able to afford $2,000 month rent (close to what they're paying now but are being relocated by the landlord at...