Hello everyone. Looking to acquire a small apartment building, Class C, 10-40 units. I am actively analyzing deals on and off market to gain more experience. We plan to buy and hold for at least 10 years.Obviously I t...
Hi everyone. I've been using the calculators for months now and generally I have a good grasp of the costs I should enter to understand what I should offer for a particular property. But one area that is not clear to...
I am a newbie investor from Birmingham Alabama. I’m 33 with a wife and two young kids. (3 and 6) I am a full time online retailer and sell products on eBay and Amazon. I am also a small car dealer and sell a few cars ...
Hey there, fabulous folks! I'm Billy Miller, originally from the sweet tea paradise of North Carolina, now living it up in the Garden State with my fantastic crew - my wife and two awesome daughters! 🌟
Let's dive int...
For all developers out there. How do you estimate constructions costs prior to presenting a project to lenders? Do you first acquire land and plan then perform the estimate, or is this done prior to securing a constru...
hello BP users,I have been fascinated by real estate development for years now since i was a little kid, and i have decided that this is the career path i want to take.So what is the best way to become a developer?1. ...
II just became a pro and did some analysis of the projects that I have done recently. I cannot believe my outcomes. I thought I did well when I bought with my cash, and hope to do analysis for a bank in preparation fo...
This is a serious look into my first commercial property.I'm running numbers for a commercial medical space for sale at .144 cap rate due to a full service lease being renewed annually. NOI is projected $72,140, askin...
Hello,First time poster, long time listener. I have a tiny bit of experience but have never bought a home/taken a mortgage out in my own name. I put some cash down on a friend's investment earlier this summer and we w...
Hi there. I'm purchasing a 4-unit property to redevelop with a bridge loan for pre-development and then will be getting a construction loan after we're permitted by the city to redevelop a new 10-unit in it's place.I...