Tim Rainey
Anyone ever invested in Sonic Drive in NNN property?
I found a sonic drive in with an 8% cap rate thats NNN. Its only a real estate purchase. The business is owned and operated by the renter.Does anyone here have experience with these investments? Pros/cons? Is it somet...
Jason Elz
As a new landlord - how do I defend against fake identities?
Say a prospective tenant were to come to me with a fake ID, a made up SSN, and plenty of references and proof of income. When running background checks, what sort of response would come back if the ID or SSN is not va...
Tomas Baxter
Anyone experienced in leasing to financial institutions?
I am negotiating the purchase of building previously occupied by a financial institution (bank). The seller is the bank that is moving. They are moving to a newer larger location. The seller (the bank) will sign a 6 m...
Frank S.
Construction Costs Trends in Chicago - June 2022
Hi BP Heads,
I have a duplex down, kitchen, bath, and garage project in mind in the north area ( I had been postponing for a few years) and kitchen/bath, aesthetics renovation in Little Village. Have the constructi...
Alex Leonard
IRS tax lien expiration time period
If IRS has a senior lien on a foreclosure property (New Mexico) or property tax sale, how often does one create clean title. I assume quiet title suit, how often does IRS contest or attach its lien to the property?
H...
Michael Baradell
10 plus units - What’s your goal?
Hey guys!What is your goal on cash flow for a multi unit building with 10 plus units? Do you have a specific metric that you are trying to hit in regards to cash flow? I recall hearing Brandon Turner say he looks to h...
Syed Lateef
Changing Criteria on Multi-Family Property Chicago
I am leveraging a 5% down first time home buyer conventional loan for a multi unit property in North side of Chicago.My max loan amount for a 4 unit is $800K (the rents from the units i am not living in get added to m...
Saj Johnson
Amazon HQ2 leaves NY, where to next...any thoughts?
I feel bad for those who bought in LIC after the initial announcement, hopefully that area will continue to grow. Any idea of where Amazon would look to next?
Giani Brussich
Propose potential location for luxury home development?
Hi all,This is more like is this reasonable or feasible? I wanted to ask the community if these seems like something that could be done and the work just need to be done. i mostly want someone to be like yes, that wou...
Chris Kane
Wall Street's Bet on Real Estate
As I was driving home from work tonight listening to Bigger Pockets Podcast 143 (which was excellent if you haven't listened yet) @Brandon Turner brought up a very interesting article that just came out on Fortune.com...