Steve Dowdell
New member interested in real estate in NE/SE DC
Hello (from my profile)I own two houses in NE Washington DC. Currently work as a trial attorney for the US Government for the last 8 years. After 10 years with the Government, I will receive a pension when I reach t...
Brianna Salas
Appraisal Question on Low Income Comps
Question for appraisers or anyone who has knowledge on this type of situation:
We purchased a home at a trustee sale and learned after there was a Housing Authority Restriction. It essentially stated that the home wa...
Garreton Smith
ATL 21 Unit Apartment Deal Value Add Deep Dive (Deal or No)
Hello BP Fam, I've been running numbers on several value-add commercial apartment buildings. Most of the deals I'm finding are on LoopNet. I wanted to share some numbers and deal breakdowns with anyone who wouldn't mi...
Jhosdyn Barragan
Single Family Househack
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $769,900
Cash invested: $56,000
Contributors:
Veronica Joubert
Purchased a single family home in Al...
Sean Tracey
Can anyone from Stamford CT share some good B/C grade areas?
I've been looking into Stamford for multifamily (FHA route) and was wondering if some locals would be kind enough to offer feedback on what they consider good areas. Based on a brief look at some properties on Zillow ...
Ed McIver
buying from an estate
I am interested in a property that was owned by an elderly woman who died. She has children and grand children. The property was recently listed with a real estate agent. I walked the property and it is neglected, ove...
Andrew Bosco
Little details that matter - MTR Hospitality
Hey all, Wanted to share what I found that has made a difference in my MTR business. 1. Communication: Keeping communication on the same and consistent trackable plain! 2. Welcome baskets: I include a 50 dollar gift c...
Omer Dar
Remote roles in property management
Hi, Knowing that some positions can only be fulfilled by being on the property, what other positions can be fulfilled remotely (say in Mexico) to save some costs (either that or hire people in LA, which I always try ...
Ray Pryer
How do I know how much rent to charge in multifamily housing
I know when determining what you’re going to charge for rent it’s usually 1% of the purchase price but how do you determine that if you have 3 or 4 units in the home? Do you divide it by the amount of units or is it a...
Juan Diaz
Myrtle St, Oakland flip
Made a pretty penny on this one...see the pics below! This was a big comp-buster in West Oakland.