I have an opportunity to buy an old hotel built in 1952 which has been vacant for 30 years. it is a 42 room hotel on one level 13,000 sq ft. Cost looks like 30k. repairs are estimated to be 850,000. we plan on turnin...
I recently read on Bigger Pockets a post on Capital expenditures that included some generic numbers. http://www.biggerpockets.com/renewsblog/2015/10/13/real-estate-capex-estimate-capital-expenditures/The numbers did ...
When I help new investors with buying their first property I often want to know what is holding them back from pulling the trigger.So I'll ask here. What is holding you back?
Hey, just checking in with my fellow real estate investors! If your Accountant has not done an Engineering-based Cost Segregation study on your investment property rentals, you may want to look into having one done. I...
Last year, my brother passed away and left my sister and I with a condo (which we're selling) and 3 occupied, single-wide mobile homes in NorCal. He wanted us to take care of his tenants because he said they were har...
Hello!!
First and foremost, I want to say thank you for allowing me to be part of the BP community. This is my first post here and it’s centered around using condos as investment property.
I just wanted to pick th...
Any investors from Johnstown,pa
Hello, I am currently in the prices of closing on a fixer upper in the St.Louis,MO area.The home is approximately 2 story 950 sf and currently has knob and tube wiring throughout.I spoke to a electrician who said he ...
What are the options to help mitigate maintenance costs. These vintage Detroit homes are lovely but they sure are higher maintenance due to their age. Service warranties? A recommend contractor? Any experienced advice...