James Morrison
In-Law Suite/Apt Trend ??
Hi All,I'm looking to brainstorm with the BP community on something I experienced this past year on the real estate brokerage side of my real estate obsession. The situation: I represented a client who was selling a h...
Account Closed
What would you do?!
If you were the recipient of a trust fund, where you receive 40k a year NET, how would you invest this money for the best ROI?
Would you buy Single Family Homes or 2-4 Unit Multi Family Residences?
OR would you save...
Bradley Hendrix
Cost Segregation Study recommendations
Looking to get a cost segregation done on my 24-unit apartment building I just completely remodeled. I bought it about 1.5 years ago. I’m in Indiana. Any recommendations on who to use? Thanks in advance.
Darrell May
Best beginner books...
I know this might spark debate, but what do you feel is the best books to read for beginners? I'm talking for someone who knows nothing about real estate? I find myself craving for more knowledge and am looking for so...
Alejandro Flores
Brrrr & Mortgage at the same time
I am living in an owner occupied (OO) apartment financed from a hard money lender (HML) and my only debt in the bank system is the lease of my car.
Can I get a mortgage for a 2nd apartment with my salary and then ref...
Bellman Tumasang
Renting Rooms Vs Units for Multifamily Apartment Buildings
Wouldn’t it be more profitable if for each apartment unit in an apartment building I rent them out by rooms rather than units. If so why doesn’t everyone do this.For example let’s say I had a 4 bedroom unit in an apar...
Andrew Becker
My property managing salary (NEED ADVICE)
Hello BP!
I do all the property managing (besides accounting) for two low income apartment complexes.
One is a 24 unit and the other is a 45 unit. Average rent between the two apartments is $540 per month. I get pa...
Josh Thompson
Excessive development of apartments in NJ
I build elevators in NY/NJ and while NYC is busy with all the high rises going up in Hudson yards, NJ is also very busy with apartment complexes. Anywhere from 2 stories up to 50. All over the state they are popping u...
Shawn Breyer
Buying a Single Apartment in a Complex
In my area, there's numerous apartment buildings for sale, but when I go look at them, they are in a community. So if the seller has ten of the exact same apartments, they are selling this one apartment in that commun...
John Macaluso
In process of getting a variance, is it better to add...
Hey all, first time post here!! So I own a building and I am in the process of obtaining a use variance with the town to add a level with apartments. One of our hardships is parking. The township requires 1.8 spaces p...