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Hello,I am selling a property, that is a either a tear down or 100% renovation in a high end neighborhood. Here are the general stats: - Land Value: $1.3M - Property value: $250k - SQ Footage: 3500 - General price per...
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Hi everyone, I don't have much experiences in borrowing money and would like to ask for advices. Here is my sum up situation:
I bought my 1st rental property in Oct 2008. Currently I own 5 rental properties + my Home...
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I had previously posted on here asking BPers for advice on a potential rental property. I decided to purchase the property. Here are the numbers I posted when asking for advice:
Asking price: $50,000
Tax...
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Hi Folks,
I want to thank everyone who contributes to this board. I have found the information to be very helpful in understanding the business and really appreciate it. I am interested in buying residential REO pr...
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Hey BP community. Thank you guys so much for sharing your experiences with me. I've learned a ton of information over the past month or two here. I wonder if you guys can shed some light on this particular situatio...
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What can we learn from New York’s biggest multifamily property deals that teach real estate investors about the market?A new report from Property Shark reveals the biggest multifamily property transactions in NYC over...
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So the main definition of net worth to my knowledge is, after selling all assets minus liabilities you get your net worth. I believe a lot of times when we try and do a quick net worth calculation for an investment pr...
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Hello BP community,This is my first commercial project, and I am super excited and trying to do everything I can to make this project a success. I am under contract on a 15,000 square-foot commercial building and do n...
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I'm looking at my first potential multi-family deal and was hoping that some of you with more experience can tell me if this deal is worth exploring further:
21 Units in Charlotte, NC
Asking price - $649,000
NOI - $9...
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Hello all at BP. I am currently trying to figure out the best strategy for my goals which is to buy my first property. I am not sure which market to look into as right now I am currently in new york and was told my be...