Jace Perry
Motel to Apartment Conversion Investors Lets Connect!
I am looking to meet other investors in the country that are currently or already have converted motels into apartments. I think it is one of the most untapped niche opportunities in the US right now and it would be b...
Dominic A.
Selling home to clear student loan debt?
Hi all,
Just joined BP recently after a lot of lurking so hello! I bought my first SFH 3 bed 1 bath this past fall directly from the previous owner. I bought the house for $105k and many comparable homes in the area ...
Mike Mefferd
First Apartment Deal Success Story
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $550,000
Cash invested: $150,000
Sale price: $750,000
This deal was purchased with almost no money down. ...
Adam McCarty
should this be my first deal?
I am looking at this deal that includes 2 six plexes and 1 five plex. It will be one closing and they all share a parking lot. These are old houses that have been converted into apartments. My biggest question mark...
Jeff Lundeen
Mitigating and managing risk for a Value Add play
I love analyzing risk and figuring out the best way to protect downside.I've got a current deal that has significant upside, I am just trying to fully understand and mitigate risks. The current building has low rents...
Bryan H.
Determining Offer on MHP
I'm looking at purchasing a MHP, asking price is $220,000 with CAP rate = 12%. With 25% down and after expenses my ROI is about 21%.
I'm pretty sure the seller determined the price by starting with the CAP rate to g...
Michael Soukup
Looking for best first property to start out.
I have been looking up a lot of properties in Northern Salt Lake County and Southern Davis County for a good move in and rent out other property and also a trailer to pay cash for to save money for down payment on a s...
Franklin Marte
What is the best way to gain equity in a multi-family/Building?
I was told you can gain equity by renovating or by reducing the loan payments. Which is the best way or quickest way possible to go about it?
Krisleigh Hoermann
Running numbers on commercial properties
Hi everyone!I am just getting started in real estate. I found some great forum posts on running numbers for residential and have had trouble finding anything for commercial properties. Do you have recommendations or t...
Preston Moore
C Grade Apartment In Escrow In Low Income Area As Investment?
Hi PeepsSo, I’m a noob real estate investor looking for some advice on a deal I currently have in escrow. I know I can cancel but I’d prefer to seal the deal. Here is the link to the local property -> https://www.r...