Good Day!I will get straight to it. There is a 4 plex for sale in Corpus Christi, TX. Each unit is 2 beds 1 bath. Each unit rents for $1075 ($4300 total gross). Currently 3 of the 4 units are occupied. The vacant unit...
Does anyone have an approximate cost per sqft to build new construction. I know lumber has come down significantly and have been reading due to a slow down in the market there is over supply coming from the lumber mil...
Im making this post to see if I can obtain more detail from all my BP experts on MIP when financing with a FHA loan. Ive read up on it a little and it seems FHA and 203k loans require this premium that requires you to...
I'm a newbie in the "learning and assembling me team" stage, and I found a lender who had a loan that was structured for BRRRR deals. Back in early March (pre Covid), details were:Minimum downpayment: 10% of the tota...
Is there a fast & easy way to guestimate what the monthly/yearly lease rate would be on commercial space? Something Like www.Rentometer.com/ but for commercial spaces would be a great bonus! If there isn't one, bu...
Hello! So I have a few questions for the BP community. I am currently trying to learn more about depreciation. Is the speed at which the property depreciates faster for larger properties? Is the standard 27.5 years re...
I am currently updating an existing self storage facility and am shopping around for different management software. I'm looking at making it semi-automated (billing, online rentals, possibly keyless, and gate access)....
What type of gross and net income can I expect with a 2BD/2BA condo in Gulf Shores, Alabama?
Do you ever give your good renters bonuses? Last Christmas, I gave two of my best renters $50.00 gift cards to spend however they wished. These were tenants that paid every month early or on time, and maintained my pr...
Hello BP!My feeling is that the following questions are likely on the minds of newbie investors. I'm sure your answers will help many people - So thanks in advance!!Generally speaking, where is the best place to do i...