Hi BP Columbus, OH community. I'm in the process of buying my first duplex in the German Village/Merion Village area (2 blocks south of Schiller) and am looking for any trade secrets people are willing to share, insig...
I'm going to look at a 10-plex tomorrow....the basics are it's 10 x 1-bedroom apartments, in a U-shape around garden entrances, with street parking. Just over 5,000 sq feet. Units are renting for $625 each. Close t...
I have been analyzing a 10 unit apartment building. I found it through a traditional broker not a comercial broker. Seller is providing scanty records such as no Rent Roll or detailed expenses. I have submitted an off...
Good morning, BP. I have a question on a foreclosure that is scheduled for auction on the courthouse steps in November. We are in a bit of unique position (I think) because the property in question is the house next...
I have a 2.6 acre commercial property I've just closed on. I would like to build multi-family on the property in the future, but the market for construction is too high to justify new construction residential right no...
Hi BP Family, Since we have seen a incline in our prices rapidly I'd say from 2011 it's now 2015 how long do you guys think this will last? I bought a property in the Bay Area in Jan 2011 for $179k there is a flip pro...
Hi everyone,I wanted to ask how you all might proceed if you were in my shoes. I have read up on the BRRRR strategy and think this model sounds like my cup of tea. I have a goal to retire from my full time 9-5 job in ...
I'm new to this, so I apologize in advance if I miss something basic. I'm just trying to understand the best way to value a commercial property. I just read an entire book that talked about CAP rates, and now I'm fi...
I've been rehabbing one side of a duplex, and have just begun looking for kitchen cabinets. I've read some of the cabinetry-related posts via the BP search box.I am realizing that I know quite a lot about higher end ...
I have located a Forclosure I want to flip. The listing started at $159k, now its down to $124. I ARV is $140K to $160K. I have done a walk through and cosmetic repairs are running about $4 to $5k range. The only ...