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Hey Everyone. My first major deal has come across my plate and although I've read every book under the sun about buying apartments, it is still a big step. I thought if anyone is up for the challenge, they can let me ...
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Hi all! I’m just looking to get into REI and am unsure about what financing route I can take. I currently live in Southern California and our family primary residence, not surprisingly, puts us at a pretty high DTI r...
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BP Nation, I need your thoughts and advice: My business partner and I have a property that has been sitting vacant over the last few months. As you can imagine, we're looking to get it rented ASAP, and there's a coupl...
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I have a 4-plex I'm currently looking at potentially trying to buy. The area I live in is a high summertime tourist area. As it stands, the numbers do not work to purchase the property at current asking price. Now the...
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Step 1: Where to find the properties. Obviously LoopNet (CoStar), which I'm told is used by 93% of the top 1000 commercial brokers in the country. It seems like it would be a daunting task to find and contact every in...
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I'm trying to analyze a triplex that's for sale, but the units are fully rented out and the owner wants a written (and accepted) offer BEFORE scheduling a time to see inside. He then said, to go inside I need an "insu...
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Hey BP!Just want to toss out a question here about furnishing/staging an Airbnb. I'm researching different options to accomplish this for a couple Airbnb listings I'm looking to potentially post in a couple months.I w...
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Hey everyone! Last week I called about a duplex for sale for the first time to practice talking to sellers. Turns out this sale is totally doable and now I'm wondering if I'm romanticizing the idea of jumping into ren...
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Hi BP,
I'm considering to stop cable tv subscription on my 14 unit rental. It costs about $500 per month. The previous owner set this up and I'm wondering if this is a common practice for multifamily rental....
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I've tried looking up the potential liability of a Salesperson in the line of doing normal work.There are a number of tricky things, especially here in NYC.Just to give a clear example, let's say your client is a Buye...