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I recently put under contract a 20-unit motel in rural Tennessee with the intention of converting the units to studio apartments. The fix ups (that I know of) include adding kitchen efficiencies to each, replacing ca...
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I have to honestly say that I can't even remember the rental market being this way in the last 20+ years. I see signs for vacancies down every street I drive. Competition is fierce. We are all lowering rents, offer...
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I have a Dilemma. Should I dramatically raise my price? (Current list price $1,250,000. Thinking of going to close to $2,000,000.)I have a historical mansion for sale that's a flip project. It's been on the market...
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Large private equity real estate firms often invest in trophy buildings, from the Willis Tower to the Cosmopolitan Hotel in Las Vegas. The commercial real estate investments that are often more lucrative than owning t...
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I'm bidding on a 40 unit complex in the Midwest. Asking price is $2mm.
Property is on the market for a short time. Broker asked for B&F offer by tomorrow and said that he has two all-cash offers around the asking...
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-- Real Estate Update --
Here's the latest real estate market report for May 2023 (single family homes) :
Median Sales Price : $445,000 (April: $438,950)New Listings : 1,710 (April:1,621)Median Days on Market Until ...
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Hello everyone,I'm a newbie. I want to do real estate investment in Orlando, Florida, mainly for AirBnb. My budget can go up to $500,000 with 25% down payment. Can you please share with me a few pros and cons when inv...
Thanks in advance.
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Please help me and offer your advice!
Over the last 2 years I have bought 4 rental properties and they have done great cash flowing. Between my property management salary, rental income and other business inc...
Hello everyone. First off I will start by saying this is my first post on BP, although I have been a frequent visitor on the site. My brother and I are both into flying drones and using them for aerial photography and...