Amanda Davi
Buying single family home and converting to senior living
Has anyone ever purchased a home (~5 bedrooms) and converted into senior living? I would love to hear about how it went, pros, cons, numbers, anything you are willing to share!
Account Closed
underwriting mixed use
Hi everyone,
I'm pursuing a deal on a mixed-use building in a prime location. Purchase price is 1 million. Seller purchased 3 years ago for $825,000. The first floor is a commercial space housing a pizza shop that gr...
Michelle Hall
Office Hack with Multi-Family
I currently own a business in Miami and was considering purchasing a multi-family to use one of the units as our office and rent out the other unit. I've been paying rent for 10 years for commercial space and wish I h...
Alex Costas
Triplex
Purchase Price: $150k (pre-appraisal, haggled down from $160k)Cash to close: $13k (including $3800 hazard insurance premium, which seems quite high)Monthly Payment: $730 P&I + $320 Hazard + $230 Property Tax + $10...
Karl Kauper
LLC with Operating Agreement with Co-investors for Maryland
Hi All,My wife and I plan to purchase some properties in Maryland with another couple. We live in NYC, and the other couple (friends of ours) currently live in NJ but will be moving to Virginia in the near future (I ...
Shannon Moore
First Deal...Any Thoughts?
I have been reading all of your posts for the past few days and have decided to sign up to be a member. It seems as though many of you have a wealth of knowledge to offer. So here goes...
I have a letter of intent to...
Alex Gaines
Opinions on operating agreement for family commercial properties
Hello,
Long-time forum reader but first-time poster here. I'm interested in getting the BP community's view on a somewhat complicated situation my family is in with some commercial real estate holdings they have owne...
Kendall Seals
Finding investors through subscription
I'm getting ready to do a few deals and wondered what peoples thoughts were on private hard money funding. I'm in the process of developing what I like to call "Call to Investors." The plan would be to send out an ana...
Jami Kloet
Purchasing a hotel business when the property is rented?
I apologize if this is in the wrong section - I thought there used to be a hotel investing section. I've seen a lot of discussion of sub leasing rentals for AirBNB purposes lately. I was recently poking around a busin...
Account Closed
Am I Too Conservative?
I've found that after I take into consideration my contingencies seemingly good deals on the surface don't look so attractive any more. I wonder whether my assumptions/budget is too conservative.I generally use the f...