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Looking at another potential 4 plex deal. Fully occupied, Listed at $129,000, #4 2 bed, 1bath units rents for $525/unit now, zoned commercial so would have to use commercial financing, tenants pay electric, landlord ...
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I am reviewing a multi-family complex for my first investment purchase and would greatly appreciate some experienced insight into my evaluation of the property.... Info provided by seller:Requested Purchase Price - $...
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I have a 3br 2ba 1582 LA I purchased for $59,900. I'm estimating the renovation to cost around $25,000 -$28,000. I received a appraisal on the ARV of $136,000. I have a banker that lends me 80% of aappraised value and...
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Yesterday I received a call from my Property Manager. He stated that DSS had called and said he was required to build a wheelchair ramp for one of the tenants. This is still a POH. I told my property manager that the ...
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Hello BiggerPockets family! I am starting out in real estate investing. I am super excited to get started! I am looking at a mobile home park that currently has four mobile homes rented out. It's looking like it would...
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Hi everyone! I currently own rental houses and want to make the jump 20 unit building, four of which are commercial spaces. This is a what would you do question: The building is 100 years old and mostly made of 1 b...
Being a landlord can be a lucrative proposition, but unforeseen expenditures can put a damper on profits if they aren't calculated into the rent beforehand. The reality is that the costs of a rental property extend fa...
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When I closed on my six unit commercial property with 5 out of 6 units occupied, my thought was: This is no big deal, I can find one more tenant and self manage 3 current tenants with triple net leases (1 tenant has 3...
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The COVID-19 pandemic triggered a wave of changes in commercial real estate investing. Remote workforces and e-commerce trends have significantly impacted retail and office asset classes; however, the multifamily asse...
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Looking at a triplex near downtown in Sacramento. It's listed at 354,500. Now, when I do the math, I'm coming with a cash to cash rate of 7% with an offer of 330k but a cap rate of 3.3%. MLS: 14048301- What does it me...