When you do your accounting for your PFS, business books, etc. do you carry the projects at historical cost or mark them to market? If you mark them to market how do you determine "true" market value without cheating...
Hi Everyone,My name is Garen Lafser and I am excited to be joining the community here at BP. Apart from my work (see below), I am always trying to learn more about real estate, developing, and about all the various t...
I’m interested to hear what your processes are on when buying and then operating a property.
What are things you’ve missed in either your numbers or inspections of properties when purchasing multi-family units? Are ...
Just wanted to reach out to the BP community and see if anyone has done DSCR loan through BeeLine? If so what was your experience like?
Hi everyone,I've been working as a historic preservation tax credit consultant for a few years and I'd really like to learn more about the redevelopment business. We work mainly with local developers and the idea of r...
So I have noticed on gosection8 and a few other posts in this forum that Baltimore has a huge surplus of section8 housing and too few tenants (at least compared to the number of units available, looks like 235 right n...
What is Considered a Good Multifamily Cap Rate?The short answer is it depends!There’s no universal standard since it relies on two main variables–your investing objectives and current market conditions.Some key factor...
Hi all,Am considering putting in an offer on a multi-family in Manchester, NH. I have pre-approval for a 30 year standard fixed loan. The income/expenses are as follows:Asking Price - $245,900Gross Income - $2,790 p/m...
Hey All,Looking to make my first offer today and I'd like to run the following deal by you all: Historic 4-plex (2 buildings). One 2bd/1ba ($725/mo), Two, 1bd/1ba ($630/mo), One, 1bd/1ba ($590/mo). List Price $255k. T...
In 2015, my sister had a business which was essentially her livelihood. She approached me an indicated her landlord was selling the building and would I be interested. I always was intrigued about real estate, so I pu...