Hello BP community, I was curious to know what are some of the ways value can be added to mobile home parks? I’m looking to make my first purchase and would like to see how I can improve this property.
When calculating cash flow, you hear a lot about how much you should budget for various reserves (7% for vacancy, 10% for property management, 5% for cap ex, etc. etc.). My understanding is that you're calculating a p...
In case you are or are considering investing in rental housing in NY...On June 14, New York State passed A. 8281 and S. 6458, also known as the “Housing Stability and Tenant Protection Act of 2019.” The package was si...
Can I offer a lower price to the owner that is agreed upon and then get a higher mortgage and cash out on the difference?The property has enough equity in it to do so, their are improvements that need to be made?Ho...
Hi,I'm hoping to get some advice/feedback on an investment that a friend currently owns. It's a multifamily home with 3 floors and a basement in a desirable area. It's divided into 3 units: 2nd and 3rd floor living ...
When I first saw this, I believed it to be to good to be true. Included in the new stimulus is a clause that has been enhanced since the last stimulus. The long and short of it is that the government will pay for a po...
We are building 12 single-family homes on the property and it’s all been a homerun so far but we’re not sure if we should totally rebuild the restaurant or just remodel it and, in general, how much we should spend imp...
Hello. So we are looking at buying a commercial building for our business and I have a few questions.If we buy the building and then are renting it out, the new valuation for refinance will be based on the NOI correct...
Is it possible for me to update a multi family,8 units, from outside. All Units are rented. I mean new fences, painting, fixing the pavement, adding car port and still get a good appraisal so I could get my money back?
I am currently in contract on this office building. It was arranged on a 5 year interest only, seller financed, with a balloon payment at the end of the 5 years. This is my first office building, and I see tremendous ...