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I'm about to put a property on the market. Owner is willling to finance. What is the going rate for seller financing? I was thinking 25k+ down, note at 10%. Does that sound pretty fair? I'll be asking 127.5K. for th...
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Hello BP goers, I’m gathering up the courage to purchase my first investment.I’m currently looking at an old nursing home property and considering converting it into an event venue with attached rooms which would be i...
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For those that don't know I run a huge Property Management company, 1,000's of tenants etc....Running a company of this size there are things that come with the territory such as evictions, telling tenants no & th...
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Under contract for a 6 unit complex in high demand location where rents are rapidly increasing. Purchasing from an estate. Property on market almost 200 days, price dropped from 225k to 195k in December, got it under ...
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Hey everyone! So I bought a condo in a retirement community to flip. Was supposed to be super easy. Well, we bought it too high and we're going to lose money on it. It's a fabulous flip, looks great! Been on the marke...
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It seems like in every asset class there a few mentorships/programs to choose from but in commercial it's kind of scarce. Can anyone recommend one that they have personally used and had good results?
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So I know there are a lot of "Rules of Thumb" on the Residential side of Real Estate. As I try to transition into Commercial (Retail) I find that I have no idea on how to perform the proper analysis. What are the Ex...
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Do you guys pay to get popcorn ceilings with asbestos removed? or do you guys do it yourself?Is there any advantage or benefit to having it done professionally and providing paperwork to an appraiser during a re-appra...
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Thanks to the great advice I got from the folks on this forum, I now have a great tenant in place for my first rental starting 6/1, and we are putting an offer on a duplex later this week, so exciting! So naturally I'...
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Hi, I need help analyzing this shopping center.
5 unit Shopping strip
Agreement price: $1,100,000 (negociated and agreed upon)
Down payment 20%: $220,000
880,000 30yr @ 7%: $5,854.66/mo
5967 sq. feet
Operating Exp...