I'm looking at purchasing a property that a tax buyer has a lien on. Property is abandoned and the city has filed a petition to take ownership of the property. I've talked with a receiver and he said that the lien cou...
I am looking into purchasing a 4 Unit apartment building. The posted rent per unit is 430/450 a month. Average rent in the area is around $650. Does anyone have any advice on how to get the rents up to average or clos...
Hi everyone
I've been looking for 7 months now for a small apartment complex with 6 units or more with no luck.
Problem is prices are too high to justify cap rates of existing listings on Loopnet/MLS,
Where do I ...
Hi everyone,I've been following this site for some time now, and I'm excited to get started with REI. I'm in contract on a 6-unit multifamily property in Massachusetts, where I spend a good deal of time, that should g...
Investment Info:
Single-family residence fix & flip investment in Renton.
Purchase price: $184,000
Cash invested: $81,000
Sale price: $265,000
SFR with detached garage on a large lot. We repl...
I am currently looking at various opportunities to invest in notes. As a newbie, I don't have a standard due diligence list to send as part of providing offers. Here is what I would think to ask for:
Copy of note a...
Hi every one,I have a propriety in Memphis that is braking even in income and expense .Just asking to see if I should sell or trade it in for a cheaper propriety .I have had it for about a year and its rented out for ...
Hi BP community,
I am negotiating a purchase for a 8 unit building, 2 stores and 6 apartments, and the seller does not want to provide schedule E for 2 years for the building. They had agreed to provide all leases an...
If one portfolio manager forecasts a return of 20% on a real estate investment and another one forecasts a return of 15%, which one is the better choice?Answer: It depends on several factors. With hundreds of real es...
I’m getting ready to close on a property in a college town in central Minnesota. I’ve bought and managed a lot of properties in various states. I also have property management companies run my properties as well.Situa...