There is a home for sale locally that has had a sinkhole repair. By all accounts the problem is solved but it's value is obviously damaged irreparably. Would you buy a house with a repaired sinkhole to be used as a re...
The Cleveland real estate market, long stalled by a combination of poor economic prospects and a poor national reputation, appears to be finally making some strides in a positive direction. Grit and determination have...
Good morning, I have signed an LOI on an office building for the first time. If we close, it will be my first commercial property purchase as well. I am the only investor/owner of the deal. I have basically zero exper...
Hello! I just wanted to introduce myself. My name is Austin McConnell and I will be moving to Austin soon for a new job. My wife and I are very interested in the Austin area and we look forward to exploring all the tr...
21 Unit Apartment Building- Location: Syracuse NY- Asking Price $1.3M20% down for me (I used a 7% rate)- NOI & Cap Rate: $167,623, 12.8%- Built 1978- 95% occupied - 15 x 1 bedrooms, 4 x efficiency, 2 x 2 bedrooms-...
Hello everyone,
I am looking to buy a SFH with a full in-law suite in Red Bank and trying to rent it out as a duplex after I house hack it for 1 year to satisfy primary residency status for a FHA loan. The house is c...
In 2014 I purchased a property that has a 1 level 4plex on 2 acres of land on the outskirts of town. Property also included a 30x60 metal building. Great town, great schools, right off of the interstate. I wanted to f...
I've been presented with an off-market deal for a 24 unit complex, but I'm not sure if the numbers look good or can be better since I've really only done SFH investing prior to this. I've run the numbers through the c...
I have been in the real estate game for 10+ years as an investor/agent/management and have recently been approached to be a partner in developing about 100 acres into a residential neighborhood and starting a developm...
Hello BP world-
Just wanted to briefly discuss things to keep in mind when developing or purchasing a warehouse. When looking to purchase an existing building, always look to see how easily the structure can be divi...