My parents own two apartments buildings (rentals, mostly stabilized rents) in Manhattan and two in the Bronx, About 100 units all together. The manage them their selves and They want me to help, learn and expand the ...
Hello BP fam! I posted a similar post in the “Starting out” thread regarding my analysis for building a home on a 1 acre, 2 lot property near Tacoma, Washington. Just a bit of background. I know nothing about new b...
Hi, As an architect, I was approached by the building owner to help increase the value of their building and create a cash flow. The current value is 500k (the Owner has 400k ballon in 18 months), and with 150k remode...
I am in Florida, but I'll take any advice anyone might have. We have three-story buildings at my complex. The buildings house either ten or 20 units, with no garages, but have decks. I need to put an accurate repl...
We just sold a SFR and are in the identification phase doing a 1031 exchange, so need to move quickly. There is a 16-unit property we looked at several months ago, and I want to make sure I am running the numbers cor...
Hello friends.
We live in the Sherwood Park, Alberta area and around here RV storage is a little tough to find and expensive. My wife and I are thinking of possibly starting an RV storage yard. We have the land and w...
Hi all,I own a single-fam worth $450K (owe $300K @ 3.5%) and a triplex worth $775K (still owe $318K @ 3.25%) in Scarborough ME. I am looking for some creative ideas or combination of loan types to put me in a position...
Dear short sale experts - need help with building a counter offer on a short sale with pnc bank: 1. We are in contract with owners for $158K2. Pnc bank reviewed short sale and did not specifically counter but said a) ...
Hi!So, I am under contract for 11 rental units in 5 buildings. 3 units in one, 2 units in the other four buildings, all on two side by side properties.I am being told I cannot, per Fannie and Freddie guidelines, finan...
There are (2) 4 Unit buildings I am looking at and they seem to be amazing prices (240K each). Even purchasing them at their listed price, they seem to Cash flow very well. I'm meeting today with a lender to see how w...