Robert Juanes
Need help analysing property
I have been analysing some properties for practice and came across this one that I think it's a good deal just not 100% sure since I don't have any properties or experience just starting. I would like some feedback on...
Sergio Ramirez
How to calculate an offer on a multifamily building?
I have a landlord who wants to sell his building for $1M. I have seen similar multi-families in the area go for $875,000 - $1M. I watched a video on Youtube from Jerry Norton on this. In his video he states in order t...
Donald Beamon
Opinions on this deal please
Wilmington, CA (Southbay area)Duplex (total 3br/2ba and no shared walls) for $360,0002/1 + garage for back unit (650sqft)1/1 with full front yard (550sqft)Repairs none, this place is completely updated (granite, lamin...
Corey Robert Leet
Bed and Breakfast Investment Property
Hey Everyone,
My wife and I are looking at possibly purchasing a currently operating Bed and Breakfast in Minnesota. Anyone have any experience with this type of investment? We have a few questions if anyone is...
Jeremy Altdorfer
20 units multifamily owner can't show proof of income via bank statements
So there is a 20 unit building I'm attempting to buy, I made an offer of 1,500,000, 60 days inspection period and cash close, need to see 3 years of bank statements as proof of income. Owner came back at 1,550,000 wit...
Mike Dawson
Loan suggestions on 26 unit?
Hi. I'm looking at a 26 unit motel in a tertiary market. Current financials(according to the P&L) show a little over 35k NOI. Converting to an extended stay, that NOI would be closer to 76k, not including debt ...
Chris K.
Airbnb Regulations and Taxes in DC
Hi folks-
We've operated two traditional rental properties in DC for the last few years, but are unfamiliar with Airbnb and short-term rental regulations and strategies. We just purchased a new personal home with a ...
Austin Fisher
Certificate Estoppel (Dayton, OH)
What is the certificate estoppel used for? and How should I go about writing one up?
Otho Keller
Burst pipe in rental property.
Quick background, my father passed and the property is in the Estate now. We are in MD and are having record lows. Long story short a pipe burst causing flooding in a store front downstairs. Our insurance is coving ...
Mitchell Barna
Fake Hard Money Lender?
Hi there, I was contacted by a hard money lender via LinkedIn shortly after my first post on BP forums. I thought this to be strange someone would randomly reach out and ask if I need funding, however given the networ...