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Hey guys, first post here. I work for a large development firm here in Milwaukee but am doing my first outside deal. Its a 4 story historic building that is completely vacant. I plan to turn floors 2-4 into apartments...
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Good morningRecently . I found a good deal for student house in LA. The price for this property is 850k, need about 250k renovation. Subject property also with 12 parking on the back. Our projection annual net operati...
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Yesterday, I read about a Rehabilitation Tax Credit that provides what appears to be a 10% tax credit for restoration and rehabilitation costs do properties built prior to 1936 or a 20% credit foe those that are certi...
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Hello BP,My insurance company just canceled my policy for the following reasons (owner occupied 2-family built in 1780 in CT):1.) There is a historical plaque on the front of the house and they say there is a possibi...
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Hi! I am a local Real Estate Investor and agent in San Diego. I have a property with a historic home on it in Hillcrest, CA. The property has been converted to a 4-plex with 2 SFR's in the back and has the potential f...
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We are in Phoenix and have been really wanting to get into real estate investing. My neighbor wants to sell us their home (single family). They had an appraisal done April 2019 appraising at $273,000. Zillow, Redfi...
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Does anyone here have a short-term rental (STR) in Jacksonville, Florida? I have a long-term rental (LTR) in Avondale that I'm wanting to furnish and turn into an AirBnB/STR. It has been tough to find anybody with the...
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Finally making some headway. Historic Land Use Review process in Portland was PITA, but we settled on a great design and I'm happy with plan. Four layer roof tear off is a hot mess, literally.Framing/MEP inspections...
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Hello all,
This is my first post on the BP forums. There is a 60,000 - 80,000 square foot mixed use building for sale in Coshocton, Ohio - about an hour east of Columbus. (I am NOT the realtor or the owner). The bui...
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When underwriting a potential investment, do you utilize the T12 and based off of it you create the Pro Forma? Or you shouldn't mix them up.Thank you in advance!