Hi,
We manage 23 units, it's a small family operation. We don't want to hire property managers and last year I talked the owners into using a rental management platform. We used RentTec. I don't like that there is no...
A buddy of mine has a fully functional dayecare center fully appraised @ 650K. He is only asking for 500K (but will possibly settle for 450K no less than 400K). Would you personally consider this a deal? BTW: we are ...
Is it a common practice for developers to make rental amounts a function of construction cost? If not a common practice, how often is it done?
Good Afternoon BP!As the title says, I'm in the market for a new bank; hopefully one that can do it ALL efficiently and with great user-friendliness. I've tried to keep it "local" and support my community, but it's ju...
Premise Based upon what we have witnessed in conducting commercial property condition assessments (PCAs) and commercial property roof inspections for over 30 years, we can definitely state witho...
Can a commercial lender require tenant tax returns as a condition of financing a commercial real estate deal if that tenant is not a party to the transaction beyond an existing lease agreement?
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $300,000
Cash invested: $60,000
My first mixed-use purchase, this was an off-market deal with a contractor I ...
Hello Everyone,I have some experience now in residential buy and hold investing. After thinking about my goal (10 cash flowing properties in 5 years) I thought why not try MF. I was wondering what is the best way to t...
This weekend we came across a commercial building that looks like it could be a great opportunity. It's currently owned by an architectural firm, who owns it outright. It's 3,000+ square feet and listed for 339k. I...
Investment Info:
Retail commercial investment investment in Pembroke.
Purchase price: $119,000
Cash invested: $12,000
I purchased a 3 unit cammercial property with 2 units occupied. Then partner with...