Hey all, I'm looking at a property in Dumbarton, right near Lakeside (two neighborhoods in Henrico County, VA), just outside of Richmond City. It is zoned as a single dwelling only, but it could be a great 3 unit. I'v...
Think of it this way:If stabilized operations presume 5% physical vacancy, then if you could squeeze 2x the income from 5% of the units in the community, you could effectively "erase" the entire 5% vacancy.This is the...
I am a moderately experienced RE investor looking for advice on investing in high-equity growth opportunities. I understand that at my age, focusing on properties with strong equity growth potential (even if cash flow...
I would like to know everyone's opinions on the scenario below.You want to get a mortgage for 650k, one bank quotes you with an interest rate of x basis points over the FHLB 5 year rate, and the other bank's rate is ...
HelloI currently own 2 properties. One is currently rented in Greenwich CT, the other I just purchased in Norwalk CT and in the middle of renovations before I rent it out.I would like to purchase a 3rd home by the end...
I bought my first investment property under an LLC this year. The house was purchased in October and is still in rehab. I was told that since it’s not “in service” that I won’t be able to deduct my expenses. Could som...
Hey BPers,Some MASSIVE ADU changes came into effect on January 1st, 2020 in regards to ADUs. You can now add a Junior ADU (JADU) in addition to an ADU which means you can legally convert a single family home into a pr...
Schools seem to have a great affect on a community and consequent land value. Whether correlation or causation, I can't say exactly (http://blog.redfin.com/blog/2013/09/paying-more-fo...)I found this humorous article ...
Is there anyone who invests purely for appreciation in Austin? I'd love to hear more about it!
Hi All,I'm new to commercial, have been wanting to get into either retail or multifamily value add. I want to give you some info on a deal that was sent to me to get your thoughts and input.Purchase Price: $1.25MTota...