Hi All,I am just curious to hear what everyone thinks about car washes as commercial investment properties. I'm watching one, but right now the price is far too high to even consider moving on it. Any and all thoughts...
I have a transaction that is on the borderline - has a gross margin of 12K less a 2k marketing fee for finding the buyer, less 1.1k as tenants security deposit is not credited to me, and my side of closing costs. Thus...
I’m trying to look at commercial multi families and trying to determine how to value them. I want to know if I’m paying more or less than I should be for the investment. When I do research it comes back around to cap ...
Predictions for inflation have been around for years, now it's here and it will be for a while. It's in the news every day. CPI (consumer Price Index) came out a few days ago with 7.0% for 2021 and when I look at the...
Hey BP,I'm looking for the most information possible on buying auction foreclosures. Any discussions relating to the steps involved, low cost strategies (ie partnering), etc. Thanks for the help.Jordan
Hello!I am currently in the process of buying two homes on one parcel, I will live in one and rent the other, after some TLC. Does anyone have examples of straight forward leases? Has anyone used a two year lease with...
So I know the "standard" way to calculate the 70% rule of thumb is to take the ARV x 0.70% and then subtract the rehab costs to come up with your MAO.My question is why wouldn't you take the ARV and subtract the rehab...
Do different agency lenders have different spreads and interest rates? Or if I go to one Fannie agency lender and they quote me 5.5%, will another Fannie agency lender quote me the same thing or do they have different...
Anyone here from Biggerpockets community have any investment experience in this market? More specifically multi family buildings 5 -15 units..Thanks,Leo
Here are the basic stats on single-single family homes sales for Dec. 2016 for the City of Austin and the Greater Austin Area.Here are excerpts of from a recent press release from the Austin Board of REALTORS®:“The Ce...