What is a good cap rate on a 20 unit apartment complex close to 2 universities in a highly desirable and rentable area in Nashville, TN? Is 6% low, 8% average and 10% high? Forgive my ignorance but what is that base...
Gm
I am a looking to buy a mixed use building front has a no operational barbershop I am a barbershop owner. The back has one and a half apartment that is occupied. The seller has went from 80k down to 65k.
The barbe...
Hi all,I work for a clean energy nonprofit in Washington DC that deals with clean energy, and we just got word that the DC government is giving away funding to commercial real estate properties (anywhere from 5-100 un...
I live in FL and am currently looking to rent a luxury apartment in downtown tampa. I've had my current job for 2 1/2 yrs making 75K per year and have a clean background but before I had my current job I was unemploye...
Can anybody recommend a good tax attorney, knowledgeable in Real Estate investing? My wife and I have been involved in real estate investing for years. We started out buying and selling. In the last five to seven year...
Hey all -- Question -- If I was to purchase a hotel fee simple in an urban environment, would I be able to purchase it, improve it, and then resell it say in a year subject to a ground lease? Idea being that I would l...
Multifamily operators, you no longer need to stress over filing annual tax appeals.
In this article, we'll walk you through the steps to successfully navigate the process in any market. Let's dive in!
1. Research ...
I know that with residential properties, you need to be there for your tenants or have a property management watch over the place.
Is the same true with commercial? Or can you basically write into the lease agreemen...
I am new to the loan process.I am looking at this scenario:$1.75 MM building$475K Cash Downfinance $1,225,000I have loan options. Building yielding $116K per year prior to PITI.NIO about $65K currently.Regular mortga...
Multi-family investors, I put a single condo unit under contract to buy, within a 200+ unit complex that has about 80% of the units owned by an LLC, which they operate as apartments. Days after securing the contract ...