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Newbie here. A 7 unit apartment building that is about 125 years old, brick, Windows AC, rooms partially renovated, fully occupied.The seller claims a NOI of 63k, which is based on 6% management fee, $2000 repair and ...
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Hello BP community,What are your thoughts on the real estate market going completely virtual in the next 5-10 years? Zillow purchasing Trulia for close to $3B shows the rest of the world they have something up their s...
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Memphis Investors - do you (or do you not) get annual termite treatments on your rental properties? We are currently buying a home in Memphis (so excited about it), and it just passed wood inspection with flying color...
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My topic is a bit misleading so I will start with a brief story :)
I lost the house in our divorce, but my ex was unable to get approved to refinance it, and after she missed a couple payments I took her to court and...
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Would you keep for the long term or sell this property?- Purchased a 1960's vintage building, 18 units, in 2017 for $1.5M- In a major urban city in the northeast- Put $400K down and have paid down $100K in loan (so th...
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Hello everyone,Myself and 2 of my colleagues want to invest together, and we wanted to find out what is the best way to organize ourselves. Form an LLC or a partnership? Then also if we are all willing to get financin...
We have a tenant that had a lease expired on the last day of the month in April. A few weeks back we have inspected the place. LL and T both agreed to extend the lease for another year. We sent them the new lease ...
Hi there,
Long time listener, first time caller ;)
I'm located in coastal Southern California. I live in an HCOL area, walking distance to the beach. I have a $250k HELOC, which I had been planning on using to build...
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My independent review of Bildwise Indianapolis. To start my selection process, I had done a review and followed some of the posts of the staff of Bildwise. I interviewed them as well as some other contractors before...
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Just listed my first flip. My agent did the comps and after doing my research I instructed her to list a bit lower. The property is at 20 DOM now and there has been 4 viewing with no offers. This flip is in Baltimore ...