I have a guy who basically wants to give me a franchise salon. Of course it makes no money. The gross revenues are about $150,000/yr, the net hovers around $0 plus or minus. Does anybody have experience owning s...

Hi All, My partner and I are currently looking into a small, 500 square foot building on a large lot, with an additional lot attached.  It's  in a mostly residential area in Waco Texas. It was a barber shop  for a ...

Anyone have experience with this? Should I charge a large deposit and make them convert back when done? Lock them into long lease? What are the pros and cons?
Thanks
PS There is a long term tenant living above where t...

I have an opportunity to buy a unique property from an individual who has a house listed for 35k. It has been fully gutted. 3b/1.5 baths in the main home with attached carport. Also the back of the home has a 1000sq/f...

$350k property, 8 unit consisting of 2-3 houses. 7/8 are rented for ~$2800, 1 vacant and 1 beauty salon is vacant. Max rent would be ~$3700/month. I've been negotiating with the realtor about a seller finance deal and...

I just took over management for a commercial building that's split into 4 units. One of them is a franchise name and is the largest unit. Two of the units currently have a cheap salon and the other is a cheap mom &amp...

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $43,000

Cash invested: $15,000

2 buildings on one property. 2nd building is a 2 bed/1 bath apartment (2). On...

My question is likely geared towards RE agents and Realtors however I selected the "General" forum because I didn't want to limit who would be able to offer insight on this one.I am kicking off an "Investor Marketing"...

Hi BP,

I'm relatively new into the landlord game but I'm trying to set myself apart from the other property managers by providing top notch customer service to my tenants. As the holidays are approaching, I'd like t...

Good afternoon! I am currently vetting out an 8-unit apartment building in Gary, IN and the prelim numbers look good. All the units are rented with long time occupants and all are Section 8. The majority of the rents ...