Question for y'all- about to pick up a cool property near the Heights that's a single family home (1600 sq ft) that has a detached garage apartment (1100 sq ft). How do I go about renting each out to separate tenants?...
I was recently contacted by an engineering firm working for a developer who has an agreement with my neighbor to purchase his land pending the city's approval of their development plan. My neighbor's land is north of ...
Hey guys, I was evaluating a multifamily unit that has 6 units plus a nonconforming studio unit which is currently being rented out. The questions I have are as follows:
1. If I plan to buy and hold and not have any ...
Is there a capital stack on a non-recourse loan? If they say 65% of the capital stack are they saying that 65% of the property will be non-recourse?
I’m looking to structure my first multi family deal (only 4-6 units) and fill in the gaps where I come up short. If anyone has any advice that would be great.Scenario: most of the lenders I’m speaking with require any...
I came across a HUGE amount of off market multi families (totaling over 200 units) in the northeast...It was about time I get into the larger apartment complexes. So I was thinking today, what would it take to get ALL...
I have a friend with an 86-unit apartment building on Mt. Prospect Avenue in Newark, NJ. He's thinking of selling the property, and he asked me how he should estimate the market value.
$630K yearly - Gross Operating...
Hey BPI wasn't prepared for my ideal single family to pop up yesterday, but it did. The house is a probate sale and I intend to go view it tomorrow. It's a 3 bed, so I plan to occupy 1 room and lease the others out fo...
Thinking of applying the BRRRR method to buying a lot in downtown Bakersfield where there was once a house but now it's just land. Anyone have an idea of new construction cost per square foot in Bakersfield? Plan wou...
Hola! We're in FW, TX, and building duplexes to hold and rent. Is there a calculator for that? We'll build (150k) with cash and then finance (100k) out into a 15yr note. Our numbers are pretty solid as we already ow...