Looking for some expertise in the area of evaluating a commercial property. It's a 3 unit with 13 storage units. It is a unique property and I'm having a heck of a time trying to get an evaluation...I've been googling...
Hey Guys and Gals,
I have been getting a lot of requests from tenant that have really low income. Like 20-25k a year. I was just curious what other use as a minimum income prior to renting?
Thoughts?
Chris
Hello BP Members!I need your advice/help/input analyzing a house hacking property I am interested in. The numbers appear to be good but I want to get your take on this to make sure I am not missing anything. Thanks in...
Hi BP'ers,As I am digging more into analyzing REIs I am realizing that ROI is not a good metric compared to IRR because ROI does not factor the time value of money. This becomes especially important when I am holding ...
Found a MHP just north of Houston and it looks like a deal. 9-space park, city water/sewer, 4 units are park owned @ $680 each, 4 are tenant owned @ $175 each, 1 needs full remodel and is park owned and vacant but sa...
I need some advice. I evaluated a deal that confused me a little bit. From my understanding, when adjusting square footage on comps, you adjust the value of the comp up if the comp has less sq ft than the subject an...
I'm looking to connect with those who have invested in the Sheboygan area that can share some of their experiences about the area. Also, looking for recommendations for Real estate agents, management company and gener...
8 Great Tips for Evaluating a Real Estate Investment Due to the Rock bottom real estate prices are attracting some new real estate investors into the market. But before you become a landlord, be sure you have a strong...
Suppose I'm evaluating a deal and the in-place mill rate is 2.489%. Am I simply going to multiply that by my purchase price in order to calculate my property taxes?I ask because the broker proforma indicates the follo...
Hello Biggerpockets,I'm in the process of closing on a duplex in Cleveland and am starting to think I picked the wrong lender. I have been asking for details on money down, closing costs, interest rate, etc. and have ...