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Purchase Price $856,000
Renovation Cost $550,000
Total $1,406,000
Q3, 2007 apprasial with quoted repairs $2,000,000
Expenses run 40%, plus vacancy (est. 10%).
Gross income is $330,000
Your thoughts?
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Have you ever heard of short-term rental funds? These funds would pool money from investors, buy and convert homes into short-term rentals and then return rental revenue to the investors. Any idea how they might be st...
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I have been looking to add self storage to our rental portfolio for a while. I was able to go under contract on a 1 acre (plenty of room to add more) 25 unit mom and pop self storage facility. They are severely under ...
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Long story short, the first showing we had gave us a written full price offer. We have 14 more showings scheduled this weekend. Is it ethical to tell the other showings that we already have a full price offer?
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I want to buy an apartment building and rent it out to all section 8 tenants. How is it different than having a multifamily property or SFH will S8 tenants? In regards to the valuation of the property what impact will...
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Many "Guru's" will say real estate will be dead by all the big/private firms buying into the real estate market , eventually flooding it where they hold all the inventory and control the market. Many topics are discu...
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Hello all,I have just bought my first commercial building and would love your thoughts on it! Deal and building stats below. A bit of context for you all, I am 28 years old and this is my first real estate deal. The s...
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Hello Fellow BPer's,I'm looking for feedback and info on "Ashcroft Capital" out of Texas. I may invest in multi family syndication deals that they do in Texas. Any feedback would be appreciated.
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I have an investment property that I bought as my primary home awhile back in Bend, OR. I have $180K on the mortgage and since I bought pre-pandemic, the property has accrued a good amount of equity (I could likely se...
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If $1m is invested by LP and annual cash flow is $200k for 5 years and asset sells for $2m, lets say for simplicity split 8% pref and 60/40 thereafter, so LP gets $150k in theory per year on cash flows before selling ...