Amber H.
Questions to ask someone more experienced?
Hi, all at BP,
What are some good questions to ask someone who has more experience and their own company doing real estate? I am a newbie but have studied up through BP the last few months. I have a few in mind, but ...
Chris Baxter
Insurance premiums: huge increase for multi-familiy in NB
I just received a renewal notice for insurance on one of our properties, a 22 unit MF in New Brunswick. The premium for the building portion of the policy has gone up by 50% over last year without increasing the valu...
David Begley
Question for Metro Atlanta Builders & Developers
For those of you experienced in building spec homes in metro Atlanta, could you give me a rough estimate as to the length of the permitting process along with an estimate of the costs/fees involved? I'm more interest...
Patrick K
Need Help/Advice on Owner Financed Purchase
I contacted a local agent who represents someone selling a $200K lot in my city, asking if the owner would be interested in financing the purchase. Problem is, I really have no idea what they would expect, want, or ev...
Alex Ng
Build or Buy?
Last year I purchased a piece of land which came with building plans for a duplex. The seller was getting ready to build, building plans & permit were approved, but due to health reasons the project never started...
Brad Thomas
What to do with an acre of land that I can't put units on?
I bought a 5-unit apt building 2 years ago. It's sitting on about 2 acres and I was looking forward to building more housing on the property (another apt building or townhouses). I finally stopped in to the town build...
Daniel Gutowski
72 unit apartment complex - 8.3 Cap rate
Asking $2,300,000
72 units - 1 bedroom/1 bath - 700 Square Feet - $460 monthly rent
8.3 Cap Rate - great for area
98% occupancy rate - due to low rents for area
49% expense to income ratio
Fishers, Indiana
• Upside...
Jeremiah Watkins
What do you consider when looking for a lender?
When getting a loan, do you simply take whatever rate is lowest? Or are there other things you look at?
Joseph Cacciapaglia
Finding Deals in Hot Markets Like San Antonio, TX
I hear a lot of people complaining about how difficult it is to find deals in my market (San Antonio, TX). However, I have plenty of investor clients that have been able to buy multiple deals in the last several month...
Eddie Gonzalez
Positive Equity Investing
Good morning BP family,
I have been investing in real estate slowly for the last year and currently own two properties with two units each for rent. They currently produce positive cash flow and i have gained a good ...