Eric D.
Apartment Syndication Fees
Hi Everyone,I have a few residential rentals both in my area (Boston) and Cleveland, OH and wanted to expand a little into a commercial deal in my local market (6-10 units, purchase price $2.5-4.0M).I'd syndicate 70% ...
Dustin Kroeker
New multifamily (buy and hold) investor in Santa Cruz, CA
Hello all!My name is Dustin Kroeker and I live in Santa Cruz, CA. I grew up in the Central Valley of CA in Bakersfield. I have also lived in Michigan (played for the Detroit Lions) and Seattle, WA (played for the Se...
Patrick Britton
Smartest (and dumbest) areas to DIY
Hi,Looking at a fixer upper needing everything (let's assume), what areas could be best done by the owner? My personal opinion is that a lot of the demo could be done by the homeowner, as well as anything else that's...
David Williams
10yr lease: What clause will allow Renter early exit?
I'm the renter of a commercial retail property in Colorado. I've been offered a 10yr lease at $18k/yr. Landlords in CO are required to make effort to re-let property. I don't want to assume excessive risk as I'm 5...
Jesse Mistretta
Areas in North Carolina
so my question is to the people who live near I am which is wake county. I would like to know which areas I should stay away from and which areas are for the really wealthy or the middle class. Correct me if I'm wrong...
James Taylor
Tenants submitted payment for security deposit, now have to leave
Have in interesting scenario. Put the property on the market for rental, did an open house, found some renters that we liked. Took it off market. They submitted their security deposit, but have not signed the renta...
Robert Rixer
The Long Term of Multifamily
I want to get the BP community's take: Where do you see multifamily being in 20-30 years time?Many of us on this sub-section have either gone into or fallen into multifamily investing exclusively so I believe it's wor...
Logan Stecher
Looking at a Fixer Upper
Hello all,I'm looking at a condemned property with the interest to give it a good ol' rehab and flip. Being condemned, it can already be assumed that rehab will be high, but I want an idea of how high. I know BiggerPo...
Corbett Brasington
is 1/3 materials, 1/3 labor, 1/3 profit still what most GCs expect?
I am asking this question for two reasons:1. Is this what a healthy project looks like to a GC? Markup recommendations are all over the place from 20% to 67% and I don't know what is reasonable. I don't want to dea...
Brown Nathan
Depreciation Land Vs Building
I have always been using a 85% building and 15% land value for calculating my depreciation basis. Now my accountant is saying I have to use the tax basis and the county is assessing most properties in my county at 50%...