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 16 terms you need to know in commercial real estate:
1. Internal Rate of Return (IRR): A metric used to estimate the annualized return on an investment based on the timing and magnitude of cash flows.
2. Cash-on-Ca...
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Good morning! If I find a lender that’s willing to loan me 100% of the purchase price, rehab, etc., but I have to put in a 3-5% closing cost, is it worth it? Does that mean I have to pay the lender back? Should I at l...
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Just recently went under contract for my first investment property. What resources do you use to do background checks and credit checks on individuals and what are the costs associated with these checks? I live very c...
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Anybody gone through the wetland mitigation process only to be stopped by a local city ordinance? We have a piece of land we are developing with wetlands and we had everything setup with the mitigation bank, USACE, DE...
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When is it appropriate to report the 12/31 value for self-directed retirement accounts?
Obviously with traditional types of retirement accounts there’s an actual market value at close of market on 12/31. What abou...
Hi BP Friends, I have been steadily growing my BRRRR business and I am in the need of an accountant whom can help me set things up correctly from the get go and understands real estate, bookkeeping and strategies for ...
I am looking for help on a sensitive issue. I have a tenant that is not paying in a property for which I did not get all of the licenses. In Philadelphia, if you do not have all of the licenses on a specific property,...
I recently heard a contractor say that you should never have laminate at your entry ways because inspectors will point it out as a deficiency to buyers. He said that its more vulnerable to moisture and will buckle ...
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Alright, so I went back a couple of pages in this forum, and I don't think there was a topic posted on this recently...(if there was just point me in the right direction please!)
My husband and I are looking at a 6 u...
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Hello,Currently interested in understanding what the best maintenance strategy would be for my situation. To give some background, my family owns a 52-unit, 14 story apartment building on the north side of Chicago. We...