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Hello,
First post here, but regularly scroll through BP for it's great real estate advice!
I bought a 1.4M, 7 unit property in Revere, MA 4 years ago, and used FHA Multifamily loan 25 year term, 30 year amort, 25% ...
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New to real estate and am wanting advice on a current property that I have rented. It was my primary residence before I rented it out. It currently rents for $1750/month with great tenants who just signed for 2 more y...
Hey guys! I am saving up to purchase my first rental property. I should have enough for a down payment by the end of the year if everything goes accordingly. I have some questions that would really help me out if you ...
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Hi Everyone,We have a buyer for a home we are re-developing in a historic area. The buyer wanted to put a roof top deck onto the house. We provided them with a quote with a fair amount of cushion on from our estimat...
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Hi everyone, I'm looking to find out what the average rehab cost per square foot is for residential single family homes in Raleigh, NC. Any recommended, trusted contractors? Looking to wholesale and fix & flip. I ...
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Hi all,Recently purchased a multi and one of the first projects I’m planning is converting the property from oil to nat gas heating (there is nat gas going to the house already for water heaters).At current, I cover t...
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16 terms you need to know in commercial real estate:
1. Internal Rate of Return (IRR): A metric used to estimate the annualized return on an investment based on the timing and magnitude of cash flows.
2. Cash-on-Ca...
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I have been considering Tom Wheelright's company Wealthability. The startup costs are significant for what the value being provided appears to be. Additionally, there are almost no reviews that I can find. Are there a...
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I just got a deal with seller financing and to make the payments I have to increase rents. With LA's ridiculous laws im not sure how to get the tenants to move out. Turns out 5 out of the 7 are related and they only p...
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I'm brand new to investing and planning on purchasing my first short term rental in Navarre, Florida. I'm have a really hard time running numbers to get an accurate idea of how much it will cash flow and it it would b...