I read this statement in the M&M report for 2019 as I'm doing research to zero in on markets to invest in for multifamily: "Lenders have been reluctant to lend on future revenue growth through value-add efforts, r...
There is an 11 unit apartment complex for sale in my area that I believe has some value-add opportunities. However, this would be my first foray into a commercial multi-unit. I do have some experience with rentals a...
Real estate investors are sitting on an untapped goldmine of financial leverage through EIN Corporate Credit, a strategic tool many overlook. This is NOT Business Credit.
By establishing a separate corporate credit ...
I have co-owned a property in Maui, while my partners did the management aspect. I am taking over the management and buying out their half. In the past, when a vacationer has requested a stay and left a 1 or 2 day ga...
When under contract on a property as a seller in Memphis, TN and the contract has a special stipulation saying "Buyer will pay $x over appraised value if property doesn't appraise for the offer amount" and the apprais...
I would love your advice. Should I keep this property or dump it?I have a condo in Algonquin Illinois (3 bed, 2 bath, 1890 sq/ft) that I had bought for $265k in 2006. The current comps for this property are around 185...
Thanks for all the advice I got on here about the tiles. Or the missing tiles, as the case may be, since the foreclosee ripped them out. I could not find a bookcase, etc. larger than the dimensions of the gap to put ...
Hey BP!
I've been facing issues with my current accounting company, so I met with another tax professional who suggested incorporating as a C-corp instead of an S-Corp. I'd love to hear insights from BP CPAs and Real...
We have a 15 unit, two story apartment complex that has a flat roof. All the upstairs units are extremely hot during the summer in southern California. We replaced the roof 2 years ago with a white TPO material, which...
I have a recent purchase that has a garage with a second floor that is unfinished(OSB floor and studs) with no heat or air. I would like put flooring down on the second floor and finish the 2nd floor as finances ...