I have an owner of a auto shop who wants to sell the building. I have now experience in commercial property so I need help in doing my due diligence before a make an offer. I would want to wholesale this property...
Hi All,Is it realistic to underwrite a 4-plex the same way as you'd underwrite a small commercial multifamily property (more than 4 units)? I've been using Michael Blank's Syndicated Deal Analyzer and was wondering if...
Hello all, I have been listening to bp podcast among others, with an interest to build wealth through real estate investing. I currently have a job that I hate and I am looking for a way out of this job ASAP. With thi...
Hello and thank you for putting up with my rookie question. I'm trying to get a rough idea of if I can even get basic numbers to work before I start looking more seriously into some deals. As I look around the Austin ...
I have a chance to buy this trailer park with owner financing for 185k with a 17.3% down payment (32k) at a 6% interest rate amortized over 15 year term with a 5 year balloon payment. Right now it is at 40% occupancy(...
Good afternoon,I currently manage a small three-member LLC with my parents. My parents have provided 95% of the capital funding up to this point and have let me roll with things in terms of making executive decisions ...
Im interested in knowing why the purchase price needs to be 1% of gross months rent to make sense. Can someone explain this?
Hello,
I'm still pretty new to all this. But I'm trying to find out a cost per square foot number for Houston, Tx. I read about it somewhere and have been trying to find a number. I know it not as simple as a coat per...
Any mobile home park experts/investors in here? I have a motivated seller...just not sure how to analyze the deal.-100 lots ( 1 house , 68 mobile homes, 31 R/V)-57/100 lots currently occupied -New Rental space current...
BP,I'm as green as green can be but incredibly passionate about learning as much and as fast as I can. While going over potential properties my wife and I came across an 8-plex. Building is 100 years old. Stats to fol...