Steven Libman
84 Unit with value add components
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $3,175,000
Cash invested: $1,915,000
National Road is an 84-unit complex developed in 1963 and include...
Jakub Bednarz
North Houston Rules of Thumbs and vacancy rates
I was wondering if anyone is using the 50% or 2% rule for the properties in North Houston area (Spring, The Woodlands etc). I am most interested in the 2% rule, and if it works out for this area, or does someone have ...
Emerson Pariona
Building house, duplex or triplex
Hi everyone, looking to build my first house or duplex here in Tampa Florida. Any recommendations of good contractors, architects that would be able to work with me in this? Also if anyone knows an approximate for the...
Daniel Coffin
Is a tax assement the same as aporail
If a property is assessed at a certain price for taxes is that a good price for property should you pay less or more I know you probably ant a low assessment so you can rehab it and then get a higher appraisal are the...
Jourdan Mercer
Teardowns, new builds, rehab costs
I'm trying to get some realistic numbers on what it would cost to build a new triplex or fourplex in central Massachusetts.I'm thinking about different strategies to create and build my investment portfolio. One of t...
Hiten Java
Primary to rental depreciation
Hi all,
Had some questions about converting my current primary house to rental property.
Details:
2018 - Primary home since 2018. As per county records, land value was $190k and structure value was $474k, total val...
Jay Maranan
Mortgage loan (underwritten) + HELOC?
Hey BP family,I am trying to come up with a creative way to finance a second SFH I am in the works of purchasing and could use a little input.I’m currently in the process of purchasing a 3/2 SFH in the Bay Area with a...
Juan Turner
First Commercial Property (8 Unit Multi-Family). Good investment?
Hello BP!I'm interested in your comments regarding the price for this property considering the current rents. The property is located in Montgomery, AL. The contract price is $274,500. The asking price was $280,000. I...
Joseph Mejia
Establishing a target market for Wholesaling!
What strategies and demographics are best to consider when establishing a target market?
Darren Greenwalt
High End/Executive STR Gatlinburg, TN
Hello! My wife and I have been interested in getting into STR's in the Gatlinburg, TN area for some time (we have several LTR's in KY). While looking at options, we came across a high-end property that appears to be s...