I happened to run across a message from someone looking to sell a near 50 unit apartment complex in my town off mls. We spoke briefly on the phone and he said that he would prefer to meet in person, so we scheduled to...
I'm in Houston and work as an attorney with only energy clients and my business has been severely impacted. I've also seen the real estate market locally cool over the past 6 months and the trend is down.How are thin...
Dear BP Members,I am renovating my house with a completed demo, drywall on the walls and ceilings, and electrical wiring for the whole floor. The problem is that the electrician does not want to wait until the sheet ...
I just emailed a remodeling company asking if they act as GCs on house rehab projects. They come highly recommended and are a Five Star Rated (by Home Services Review) company. My email said, "I'm a RE investor in t...
Hi BP,I’d like to generate a fresh thread to address an issue that is catching many new investors by surprise: The 6-month Seasoning period.I’m now on my 3rd Rental. It was time to give the BRRRR strategy a try. I pur...
So here's my situation. Looking for some feedback on what I can do differently next time.I found a multi-unit in a town where I grew up. Five units total, four currently rented. Vacancy rate is low. After getting some...
I am inquiring about an existing business (Cold Stone Creameries franchise). Records indicates an average annual income of $169,000. The owner is asking $49,000-according to the information sheet on the property. This...
Hey all,I have a tenant that did not pay rent on time this month. So, the day rent was late I put a 5 day noticed on their door. He came out and got the notice very quickly and called me after I had just driven off. H...
I ran across an interesting little self storage opportunity. This facility consists of a paved lot with 80 concrete block storage units and a 160x200 open gravel lot (about 100 spaces) for autos, boats and RVs. 10’ ...
I am on HOA Board that has recently proposed to raise monthly HOA fee from $695 to $1411. The raise was due to mismanagement by management company, late bills, and legitmate expenses. The increase will make current ow...