I'm interested in possibly acquiring a 6 unit apartment building. However, over the past couple of years I have only analyzed and purchased 2-4 family properties. Running cashflow projections and pro-formas was stra...
So I just closed on my HELOC thinking I got a greet deal. ARM, margin Prime -.5 throughout the entire 10 year draw,. But,The way you pay is different, for every $1,000 drawn the payment would be $14.00. So if I maxed...
My interest is buy and hold at this juncture Although not opposed to a flip. I have 5 active properties and I'm blessed to have 100% occupancy. Two of the homes (small ones) are paid off. I have a realtor who is quite...
Hey I have heard that the tax assessment value is always lower that what a house would sell for in good condition? Is that true? Do they always assess it for lower than it would be worth renovated? Has anybody had an...
Hi BP,I’ve got a mixed use property I’m looking at that has zero Comps. Because it’s commercial on the bottom and mixed use on top, I’ve got nothing to compare it to. Any tips?Thanks
Hey guys,So I'm looking into buying a 14 unit building that's in a township that charges a flat rate fee + usage for water/sewer. Each unit is charged this fee ($350 + usage) per quarter. This flat fee is charged re...
Do you know of a program that I can use when partnering with another investor?For example a program that I can input an entire detailed transaction from start to finish, including purchase price, all costs, and then ...
Looking at my first four family and would appreciate feedback on this deal. Property is an old, well-built brick building in the Midwest built in 1870. Flat roof replaced in 2008 and new windows in 2008. Plumbing an...
I have a cafe business in a office building in northern Virginia. I've heard rumblings that the Landlord intends to demolish the building in order to build a high rise apartment building in the next year or 2. I'm cur...
So with Interests rates this high, Housing prices still high (but cooling off), property taxes increasing to catch up with the sudden spike in values; it appears really difficult to get into new a profitable rental pr...