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Hello everyone! I'm getting ready to close on my first STR- a 1 bedroom lake cottage in Northern MI. With the Covid crisis, I'm wondering what kind of modifications you have needed to make to things like your strategy...
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Ballparking estimates for MultiFamily:
Moderate rehab: $20 to $25 per square foot
Substancial rehab: $35 to $40 per square foot
Gut rehab: $55 to $70 per square foot
What are your thoughts?
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When making an offer, what do you consider a good starting point? Is 30% below retail asking price too offensive/too lenient? I know you're supposed to feel somewhat embarrassed re: the offer, or you're not being...
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I have two cabins in the Gatlinburg/Pigeon Forge area that I purchased earlier this year. For those with experience in this location, can you provide a little insight on what is expected for holiday decorations. Bas...
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Hello BPers,I received a call from a mailer I recently sent out about a 4 unit near me. The owner said he's looking to exit his properties over the next few years, but would consider a good offer on the one I inquired...
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Going to rent out our current house this spring. It has a history of getting water in the basement but after some new landscaping and gutters this summer we got very little water even with heavy rains. It is an unfi...
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Looking for advice from experienced syndicators on what works best to attract investors. My partner and I are investing in RV parks and bringing investors into our next deal.We are analyzing the parks now using an 8.5...
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Ok, so I have a question for all the experienced landlords out there. I have tenants that have been living in one of my properties since October 2018. In October, 2020, I informed my tenants (about 6 months notice) ...
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Goooooood mornin’ BP!I have a short tip that I wanted to share with everyone that I learned when I was updating my kitchen in one of my units a few months ago!I knew that I would need a TON of new cabinet knobs and in...
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Hello, I am currently looking to switch over my 401k to a self directed IRA. My question is about company recommendations to open the IRA in? Do you have particular insights that help you to choose the company for the...