Thomas Hartman
Getting pre approved for a loan
Hello everyone! Quick question here about pre approvals. Me and my wife are in the process of getting our papers together for pre approval. My concerns are as follows: How badly does getting pre approval affect my cre...
Vincent DeAngelis
Question - Converting a basement to a bedroom??
I know it's possible to convert a basement into a bedroom, but I've heard that it can be difficult. I know that the requirements also differ based on location you're looking to purchase a property. Is there a websit...
Mike Parelli
Investing in Parking Lots
I've represented numerous rental properties in Port Chester, NY that lack reliable and available parking. I have seen the area grow in popularity and development and believe it will only continue. I think if you could...
Karl Kauper
Water sub-metering - Is there a way for me to sub-meter my older, brick 12-unit?
I own a 12-unit, 3-story brick MF in Euclid, OH. I am paying the water bills because the units are not individually metered for water. I believe that to install conventional water meters would be cost-prohibitive, but...
Keanu Wapples
laundromat as a investment
Has anyone ever purchase a property with a laundromat in it. If so how was your experience I'm looking into purchasing a property with a laundromat as a investment. Just wanted to know if anybody has done it before.
Michael Brouillette
R.N. from Louisiana new to real estate investment
I stumbled across this site several days ago and am just starting to dive into the meat of it all. There seems to be quite a number of posts so I'm trying to get my feet wet as fast as I can. Besides the start here an...
Luke Soasey
Lease Up Projections for a Self-Storage Rehab
I'm looking at a potential self-storage deal which I could use some assistance with. The quick summary is that it a facility that was effectively abandoned 5-7 years ago due to the death of the owner. I understand tha...
Tony Nguyen
For Commercial Sales - Do you use the same purchase contract as Residential Sales?
I am thinking NO, but I am just double checking. As you can see, I haven't done any commercial sales and need to write a contract, but am not sure if it's the same contract or not. In addition, the franchised real est...
Wenlong Zhao
Rehab by a management company or a contractor?
About the rehab step, it is commonly advised to work with a contractor but get advises from our property manager on the scope of works. But many property management companies also offer rehab services. I'm wondering i...
Kevin Liu
Thoughts on "virtual management" ?
Hey BP community,What are your thoughts on the up and coming term - virtual property management? Airbnb and Uber have paved the way for automated self serving platforms, but could it work in real estate? The concept t...