Bob C.
Partially in a Flood Zone - Buy?
Generally speaking, I've stayed away from properties that have ANY flood zone boundaries going through them. With our geography here being in a valley AND with FEMA recently redrawing the maps to be WAY more conserva...
Keira Hamilton
What I Learned from Owning and Selling a Laundromat – Exploring a Different Asset Cla
Hey BiggerPockets Community!
I’m excited to share a bit about my experience purchasing and operating a laundromat. I’ve seen a few questions about laundromats as an asset class, and would love to share what I’ve lear...
Connie Steele
Commercial loan conditions
we are purchasing a 16 door unit. Received loan docs and there are the following conditions. Wondering if this is normal as its our first commercial loan. Provide yearly tax returnsProvide leases and tenants informa...
Natalya Murphy
How do I negotiate new leases with my commercial tenants?
This question and will tell you just how inexperienced I am as a commercial landlord. As a quick background, we inherited one of the tenants when we purchased the property for our business use, then acquired the oth...
Matt Wyborski
Managing a Rental with a Partner - Ohio
Thanks for your help in advance.A friend and I are under contract to purchase a rental property and plan to go 50/50 on everything. One of us will be taking the mortgage out personally, as to avoid deal with commercia...
Sam Miller
Rental property with lowest down payment
Hello All, I'm a young professional looking to get involved in rental property. Rather than wait 2-4 years to save up for a 20-30% down payment while losing money on rent, im hoping to buy abproperty sooner with a low...
Frank Yaccarino
beach rental
I am interested in investing in a beach rental. Any info on getting financing? The property list for 1.2million beach front. Grosses 80,000 a season. Expenses are about 33,000. Any info you can given would be great.
Latisha Haynes
What do you mean by "the numbers"?
When an investors locates a property and they state they have to "run the numbers", what numbers are you actually referring to? NOI? Is that the only number that matters to move forward with a deal?
Amaf J.
FHA loans and multi-family rental
Hello,I've been looking at multi-family properties, mostly four-plex, to see if I can find a potential property to purchase. I did research on how to analyze properties to see if the deal makes sense or not. The kicke...
Craig Fitzsimmons
Writing Off Up-Front Costs
Hi All,
I am set to close on my third property later this week (all this year) and want to make sure I'm organizing all paperwork for tax write-off purposes. What "up front" costs can I write off? Appraisal, inspec...