Hey Guys-
I'm looking to invest in my first property, a multifamily in the NYC area. I spoke with a seasoned investor who told me that for a property to cash flow I need rent at about 6% of purchase price. I've also ...
I own a mixed use 3 unit building that has a gas steam boiler in it. The property is 3,000+ Square feet and 3 floors. I am having a hard time heating the back units because the steam is not reaching those radiators. M...
When underwriting a commercial property, what is an example of bad debt and what is an example of credit loss (how does this differ from vacancy loss)?Thanks
For those of you who go out driving around looking for properties and are creating lists for cold calls/mailers. Other than visuals what are some of your “criteria” how do you decide if its worth sending out a card or...
Hi everyone,
New investor here, taking action and embarking on flip 1 (thanks to Bigger Pockets). I have been fortunate enough to have networked my way onto a small team (4 of us total) of experienced flipper/investo...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $180,000
Cash invested: $55,000
This is our first Short-Term Rental out of the 3 total we need to be financially fr...
Hey everyone! This is a simple deal that not everyone will want, but I figured I would post it.At our lake house, the power can go out from time to time. It is pretty rural so you just never know. We have a bunch of t...
I have read through a lot of posts and have been able to pick up bits and pieces but I am hoping you can either point me to a thread that defines what a good property management company does or should do or maybe m...
This may be a shot in the dark and hopefully in the correct forum.I work for a company that is developing a 20k+ SF mill in Rhode Island. We just finished permitting the building for increased density and now we need ...
KC appears confusing and requires a local expert to tell you where to buy. I want to buy & hold appreciating properties in neighborhoods where I can find decent tenants. This means the crime level shouldn't be hig...