Isaac J Mork
Investing in multifamily or commercial property is the offer based on current rents?
When investing in commercial property? Would you pay based on what its producing today or what you think the current rents should be?Like current NOI / 7% cap rate = offer?Or are you taking on the risk of raising rent...
Byron W.
3 unit building with 1400sqft basement. What to do with it?
Hey everyone! I'm trying to figure out ways to monetize or at the very least, make my 1400sqft basement useful. The basement is at the bottom of a 3 unit building in Chicago that I'm in the process of closing on. It's...
Tyler Turpin
Is this an unrealistic offer? Or is my math wrong...could be that
I came across a 5-plex in San Pedro, CA. A Rent Controlled Area. Rougher part of town but with a huge 1 billion development starting in 1 year near by. I have only seen the exterior and it looks rough. I'd imagine the...
Iaroslav Demydovych
Tenant Mowing the Lawn March - November Only
Hi Everyone! Hope everyone is doing well!I recently had a tenant moved in (July 1st) in the lease it states that I ( landlord) will be taking care of the lawn. But a week later i've realised i could drop the $30 off t...
John McKee
Can someone give me an example of their 1031 experience
I am looking for someone to give me an example where they traded real property for another (but not a DST). Let's do a deal deep dive. How much equity did you move over, why did you move it over, what is the new rat...
Jack Gilmore
Why am I on the title for my parents property?
Hi all!Big BP follower but just creating an account now because I haven't found an answer on here yet.My parents are selling their home and are asking me to transfer the power of attorney over to them, provide SSN for...
Mike Anderson
Commercial Financing question
I am in negotiations on a property that is classified as Legal commercial mixed use. A doctors office in the lower section and an apartment above.
My question is if there will be any difference in dealing with the m...
Nicole Heasley Beitenman
Do I tell my realtor I have "history" with a property?
My grandfather passed away in 2013, and his house was sold a year later. It's back on the market, and I'm touring it tomorrow with the listing agent. Hoping to find a way to buy it even though I'm unsure if I can get ...
Steven Barros
BUYING REAL ESTATE W/ BIZ ON 30 YEARS TERMS? GOOD IDEA OR BAD?
Hello BP,I have an opportunity to buy an established beer and wine market w/ existing business. Offer is 400K for both. The business claims it nets 120K, the owners are not currently paying themselves rent. The buildi...
Alan A.
Moldy Flip: Newbie's 3rd Flip (advice desperately needed)
Hello BP,I'm quite new to this, like the majority of others posting here, and would very much appreciate any advice or thoughts from you seasoned investors.I am getting ready to pull the trigger on my 3rd flip.First, ...