Dear Fellow BPers,When creating a business plan for LLC's under the market research, how did you approach this section as regards to the tenants/ target customers criteria. (for example, age group(s), occupations, ren...
In February 2017, we closed on a value add commercial property with a purchase price of $950,000. In February 2019, we closed a refinance to pull all of our initial capital plus some extra cash into our pocket based o...
Thanks to Mr.Joe McCall! I have spent $84 for a list of 526 absentee owners in WA state in the hot zip codes. How did I find the hot zips?? The Trulia heat map! I made the postcards at Staples for $74. It will cost me...
Looking to solicit some thoughts from people regarding a commercial property I am looking at. It currently has a Dollar Store in place but also another > 8K sq ft available. Questionable deal with just the one tena...
Hi all,
My realtor/property manager in Houston has approached me with an interesting investment property. Someone she knows is looking to sell a laundromat. They currently own 5 total and looking to unload a couple. ...
Hey guys,We run a company that creates coliving and working spaces for remote workers and digital nomads. We’re looking to invest in Austin and am looking for recommendations as to the best neighborhoods to do so but ...
Hi all, I wanted to connect with a few sponsors and brokers who work in the medical office space. Medical office is something that has intrigued me for a while. My strength is raising capital, my partner Mark has exte...
Hello BP!My feeling is that the following questions are likely on the minds of newbie investors. I'm sure your answers will help many people - So thanks in advance!!Generally speaking, where is the best place to do i...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $907,000
Cash invested: $250,000
worth $3M today.
upgraded tenancy, added 2 legal units, getting highest r...
I am wondering what is a good vacancy percentage to use in my cash flow analysis? Recommended values range from 5% - 40%. I want to be realistic, but I don't want too miss out on a solid performer because I was too co...