I currently own two commercial properties outright. One has a base rent of $6488/month with 3% annual increase in WA State with 5 years remaining on lease with two 5 year options. The second has a base rent of $6998 w...
I'm looking to position myself to have maximum purchase power in the future - In essence, I'd like to be able to have lines of credit to be a little real estate fix/flip fix/hold type of person/company.I have great c...
Hi BP I am stuck between a rock and hard place and was hoping someone has some advice or experience in the following situation. I had an offer accepted on a Duplex for $350,000 and already went through all the inspec...
I am going to look at a 3/3 with a full un-finished basement today.Price = $130,000Median Neighborhood is $155k.Rent around $1200Options:1. Pure rental property2. Finish basement and flipI just finished my primary hom...
Hi guys,
I have a house in Florida. Bought it in 2019 for 180K, now its worth 350k (My realtor says 400K but I am trying to be conservative).
It rents for 1.4K...Way under value.
I have 2 options:
Option 1: incre...
Anyone see this massive increase in values this year? A little questionable considering 2022 was a fairly flat year with property sales, at least near me. Went with Ray-Tax last year to try and protest my primary, whi...
BP family - I want to propose a hypothetical scenario and see what folks would do to safely /prudently increase worth and income. Assumption 1- MF owned free and clear valued at 1,000,000Assumption 2- apprx 6 CAP As...
I am looking into buying a 4-plex that has existing tenants in 3 units ( I plan to owner occupy unit 4). All of the occupied units are at $600 per month, but market rent should be $800 to $850.What strategy can be use...
Hi BP, Can you share with me what your mobile home cap rate is? The one i'm looking at is a space rent only and does not own any of the homes. There is also a 1,400 SQ ft stick built home on the property. What is...
The Deal: A Mixed-Use Commercial Building is in pre-development. You're interested in two condominium units in the building as it is in an up and coming Metropolitan area with a pre-construction cost of $350,000 each ...