Herb Lichtenberg
Commercial Loan Terms for an 8 Unit Apartment Building
Hi BP Community - I would greatly appreciate feedback on the following loan terms from a local bank. It's an 8 unit apartment building. I don't see anything that stands out except for the personal guarantee. I would...
Uke Aliaj
Best Upgrades to add value to a commercial building?
Hey BP Family, I’m very interested in a 7 unit building with 1br 1br for each. 5 of the 7 units are below the average rent market. I want to add as much value to them INSIDE as well as outside… cosmetic and common are...
Adam Craig
Appraising a commercial building - what will they ask for?
I learned from a previous BP question that the 6 unit office building I am buying will likely be appraised using NOI/Average cap rate for the area.
How does the appraiser verify my NOI? Are they just going to look at...
Shane Craig
Getting ready to refinance a commercial building. Any pointers?
Back story on the building: It's a multi use building ( 2 commercial spaces and 2 apartments above the commercial spaces). However when I bought it the building wasn't making any money and the 2nd floor wasn't usable ...
Timothy Deaver
Buying a 14 Unit commercial building in north NJ,
How much typically in the NJ market is a good price per unit on a small Commercial 14 unit Multy Family Building?
Cartus Aikens
What would a Church building be residential or commercial ?
How do I approach a owner about his or her vacant church building for sale? Would I approach with the same conversation as a wholesaler and same contracts or is this a whole different ball game? I’m looking for a vaca...
Nick Roberts
Commercial (5+ Units) Multi-Family New Build SF Cost
I'm looking at building a series of multi-family units, 2 bed, 1 to 2 bath units with a min of 6 per building. I curious to know what on average are people paying for Per Square Ft cost for new construction excluding ...
John Ho
Building a 2 story apartment on my commercial property
Hello BP investors, I own a sfh in Houston off 610 and 45N. Near Independence Heights area. I thinking about building a 2 story apartment building. Around 1000sf ft per unit. My guesstimate is 160k to build from start...
John B.
Main St. commercial building w/ potential, whats it worth??
The property is in a small, somewhat touristy town in Colorado. It sits on Main St and is a two story commercial building. Four storefronts renting per YEAR at $8,400 (until 2021), $13,200 (2026), $5,280 (2019), $3,60...
Chris Adams
Searching for commercial insurance for condo building (10 units)
Hello BP,
I am currently an owner of a single unit of a 10 unit condo building. The HOA is in search of an insurance company that is experienced with packaging wind mitigation, liability, general, etc. all in one por...