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Building cost went up significantly. Building an industrial warehouse was $100 psf few years ago. Now it is almost double. Any advice how to lower the cost? Manage the project myself? How to proceed? I have time and d...
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From my time as a Construction Manager rehabbing REO foreclosure properties to my career in residential design I have learned a lot of valuable lessons and developed some helpful strategies that I believe can be usefu...
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The proposed strategy: Buy an SFR -lets say a 4 bed/ 2 ba house -1600 square feet ...subdivide interior to convert to 3bed/2 ba @1000 square feet plus a 1bed/1ba @ 600 square feet Jadu unit--rent out both units -...
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hi everybody, was wondering how people here determine their exit cap-rate. Is it just off of comparables (even then, finding a future comparable isn't really possible when modeling the properties performance for the n...
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Well, its Labor Day. And I worked more today than yesterday.Stopped to watch a couple of youtubes and they got me thinking. Got a notification someone voted for a post I made; they were from New York City. Both it...
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Hi everyone:I'm in a situation and looking for a little advice. I made an offer on a property sight unseen and the seller accepted. Problem is they took an extremely long time to produce the signed contract, and when...
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Hi Bigger Pocket Members, I have a 2bed/2bath,1200sq ft. log cabin in Maggie Valley, NC. I pay my house keepers $36/hr to clean the cabin which usually averages 3 hours per cleaning. I stay rented with maybe 9 to 10 ...
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Bought an out of state property a year ago, 2400 sqft duplex. Inherited the existing tenants. Here was my proforma assuming everything went to plan (which it didn't!)
One tenant stopped paying in May, the other rac...
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Hello BP!My business partners @Travis Limbocker @Courtney Limbocker and I have found a 6 unit in San Jose that is in need of significant repair. Here's the deal:Sale Price - $1,272,000 - 0% interest for one year. 6% i...
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Hi BP Team ,
Is there any window for the buyer to go back to Seller if any major issue is identified in the house but was not identified during the inspection ?
I bought this house on September 2017 and seller was ...