First, I apologize for the length of this post, but I feel some background is needed.Early this year I purchased a Triplex with 3 occupied units. None were on leases so I got 2 of them signed into a year lease pretty...
Hi everyone,
I'm new to this. I'm helping my father expand his RE portfolio. He's obviously more experienced since he already owns one CRE property.
I have some questions.
He wants to stick to Bank Financing over ...
I have searched far and wide turned up little on the matter of common expense allocation. So what is the proper way to allocate common indirect expenses not attributable to any one property across a range of propertie...
I'm moving to the Destin area and looking to get into ground up construction in Pensacola. I've done a successful flip and currently have 7 units, however, I'm tired of unexpected CAPEX. I'm looking to buy a infill ...
Hi everyone, I just got an inspection report on a rental property that I am buying and have an accepted offer on. It came back with a lot of minor fix ups that need to be done. I didn't expect this many things to fix ...
Currently, my partner and I are looking to pool funds between a few investors to invest in rental properties. After looking at both residential mortgage and commercial loans, I would like to investigate residential lo...
Has anyone had any experiences with companies that will provide liquid based on the equity in your property? Not a mortgage but more of a contract?
Hello all- I recently acquired a 2-flat in Chicago (Cook County, Illinois) and there are only two electric meters/panels. Is a 3rd required for common areas and exterior lights? Less the inside wiring, what is an appr...
I know that in residential sales, the seller usually pays the commission. However, on loopnet I see a lot of listings that mention a "commission split". Is this customary for commercial transactions? Buyer and Seller ...
Hello all,Quick preface to question, I have a current tenant who wants to renew and I would like to renew her as well. I have a current duplex running on one electrical panel and looking to have it split as previous t...