Hello BP community, Some Background: Currently had an offer accepted on a Duplex in West Warwick, RI. Just did the inspections on Friday and found that there is almost definitely an underground storage tank (for heat...
Many are projecting a worsening of the cement shortage. The border wall will certainly not help. Currently about 4 million metric tons of 14 million metric tons Texas uses each year have to be imported. It takes ye...
Hi Everyone, I have a property under contract in the south side suburbs of Chicago. The inspector found an oil tank and he told me this could be a serious issue. We couldn't look at the tank because it was underground...
Hey everyone,
Pretty soon I will need to release a property and haven't had to screen clients before (property already had tenants). I know commercial is a lot tougher to screen for than residential. Residential you ...
I saw a commercial RE for sale listed at $1,600,000. The building was built in 2001. Cap rate is 7.85%. NOI is $125,400. It is an NNN lease starting at Mar 2010 and ending at Mar 2030 with two options. Rent increa...
Hello All,
I am planning on buying a multifamily owner occupied property shortly in Jersey City NJ.
I am trying to compile a full list of costs/allowances that I have to account for on the front end when doing my d...
Investment Info:
Industrial commercial investment investment.
Purchase price: $1,200,000
Cash invested: $461,000
19,000 square feet
10 unit property with store front and warehouse spaces.
Wh...
Should you file and LLC before making your first investment or should this be done after purchasing a few rental homes?
I know it depends but what are the most important ones?Like:Phase 1 studyPhase 2 stadyPlumbing test etc..
Good evening everyone:
I mentioned in another thread that I found a credit union that would do business loans backed by real estate. Here's the thread: http://www.biggerpockets.com/forums/311/topics/123956
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