Chad Lundquist
Basement apartment investment (Income Property)
Investment Info:
Single-family residence buy & hold investment in Kansas City.
Purchase price: $368,000
Cash invested: $45,000
This is an interesting investment as it's an apartment added to our ...
Troy Miller
CRE Market Expected to Hit its Peak in 2017
A recent Gallup poll discovered that 37% of people have said they telecommute for work. Despite this, in-office employment continues to steadily rise, resulting in even more demand by big employers for newer, high-...
James Wang
Architecture services for ADU
I’m in the Bay Area, totally new to construction projects and so looking for advice.Looking to convert a free standing garage to a two story garage + ADU structure. 800 sqft total: 400 sqft ADU on second floor, ground...
Richard Goldthwait
Residential/MF Investor - Atlanta
Hi all,I am Richard, I have 5 years of professional real estate experience, including 2 years of multifamily development in South Florida and 2 years of commercial/multifamily lending experience. My development experi...
Kyle S.
Flips - Calculation offer price
Hello,
Sorry totally newbie question:
I know most people do: (ARV X 65-75%) - Rehab Cost = Offer Price.
But where does closing costs come into this equation?
Thanks,
Kyle
Matthew Spiers
4-Unit Multifamily Construction Financing Help - Need Loan Options
Good morning everyone! I'm in a bit a predicament and need some guidance. I've got a 4-unit construction project I've posted about a couple of times and have had some great feedback on. Currently I've come across this...
Lauren B.
New Member from the Bay Area
Hi BP Members!My name is Lauren Beck, I am looking forward to learning from all of you and making some connections along the way! I work with a company that specializes in Private property development projects, includ...
Dan Clark
What percentage to pay project manager?
I am interested in a rehab in the San Antonio, TX market. The project manager is ALSO my RE agent. The home is a small, old (1940) 1,000 sf sfh. This home needs approximately $25,000 in rehab. I expect to sell for a...
Ray Hayward
GC Partnership Advice
Hello, I am looking to partner with a General Contractor on a project. The conversation has been based on the exchange of “Sweat Equity” for Partnership Equity. I am looking for advice on how to make the Contractor a...
Dave Carter
Calculating cap rate
Hi guys, how can you properly value apartment complexes when it seems like so many people calculate their cap rates differently? Do you include debt? Cap ex? Maintenance? Or just a straight annual gross to purchase pr...