I’m under contract to purchase my first 6 unit commercial deal. I wanted to get the community’s opinion on my analysis.
Purchase price: 315000 5.9% CAP
B class property
25% down payment
5.25 interest rate 5/5
20 ye...
Hi everyone! Just joined BP, heard a lot of good things about this knowledgeable group. Need some advice on how to handle rent increase. My tenants been renting my house for the past 3 yrs. and I have not raised th...
Hello,I have a single family rental, the city will allow me to build a detached garage with an apartment above it and convert the property to a 2 family. The property has a 250k mortgage (4% Apr). and is worth around...
Hello, I am starting to develop my criteria as an investor. I know that this will be specific to me, but does anyone suggest a good starting point, reading material, articles, or personal examples of their criteria th...
Heya fellow Tennessee Investors! Would love to know who y'all use for your rental properties. We have properties in Memphis and in middle Tennessee. Currently we are using Farm Bureau for our personal residence and...
Hello,
We are under contracts for 500K 5-plex property in Louisville. This is our first time with above 4 -plex properties. I am looking for financing this deal through commercial mortgage lenders but with proper le...
Hi. I am looking to identify a strategy for my real estate investing this year. Specifically my #1 goal is cash-flow. Due to my age (49), I need a strategy that will produce the ability to cash-flow quicker than th...
Greetings,Here is an update on the current National Commercial Office Real Estate Market in The United States of America:Office vacancy has continued its climb so far in 2023, reaching a record 13.4% nationally, w...
Hey BP!
I am currently a college student set to graduate in May of 2023 and I really need some advice.
My girlfriend and I want to do a house hack in the Cleveland area after we graduate. Currently, interest rates...
BP FamilyLooking for some advice on my current situation. I have a SFH in Los Angeles that I purchased as my primary home, Sep 2016. I purchased it using my VA loan for about $325,000. I now have military orders movin...