I just sent in a LOI (Letter of intent) on the purchase of a twelve unit apartment building using Owner financing. Basically I will be able to take possession of the property for his cost of commisions and any clos...
I just inspected a property yesterday, and got my first real look at it.
Here is the information:
Asking Price: $15,675
On the Market: 79 Days
Comparable Comps: 25-35K (I believe this to be a little low right now (T...
Hello, Looking for some advice regarding a re-appraisal of a property after renovations with one of the big 5 banks in Canada. Here is the situation. We purchased a 4-plex that had 3 units completed and rented, but th...
Good Afternoon everyone, I am currently a licensed real estate agent in Florida and a couple of opportunities are presenting themselves to me. They are properties that I may be able to get owner financing on one and p...
Hi there! My name's Alexa and my family has been buying rental properties for about 7 years now. I'm in college and recently have been learning more about rental properties and everything it takes to run them, find de...
Alright guys let me know what you think. This is a property in a flood zone (AE) 1st question: that will make or break it. Can you rent out an apartment downstairs if it is legally within the BFE. This is a 3/2 upstai...
I found an ugly house on a lot a lot that's zoned R2. The house is a tear down but the upside is that 2 units can be built on the lot How do I estimate what I should offer the owner for the lot? How can I estima...
So I've been responding to many wholesale threads regarding underestimating rehab costs. I have also read many threads regarding most who can assess what a property may cost to rehab within minutes of viewing it. I th...
Hoping to tap BP wisdom. I found an historic 6 bedroom house that seems like a good candidate to convert to small office rental space or a boarding house. What do I need to consider? How do I estimate possible rents a...
Hello fellow property managers and real estate professionals
I am currently in the process of negotiating a position as a property manager for a portfolio of 12 units. The properties include 2 single-family homes wit...