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We are renovating a unit with huge walls of commercial shelving panelling. It's the kind with horizontal grooves you can hook shelves and store fixtures into. Originally, we were going to take it down, but we have dec...
Without going into the weeds on the 'why', Last summer I quit claim'd a non-performing rental (Mayflower) taken Sub2 (with a basis of $65k) back to the original seller, in exchange for them forgiving $42k in notes for...
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I’m looking at an off-market 12-unit apartment complex in a C+ or B- area in Saint Louis and have two questions:1.What is a valid purchase price based on the property fundamentals?2.I have a bit over $100k to invest s...
Hey BP,I just bought a 4 plex last month with an FHA 203k loan last month. While I have been fixing up the property I’ve started to really think about converting a old brick storage building into a possible ADU and ru...
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High Crime rate, high unemployment, great CAPS!.....If anyone has experience with Multifamily in Memphis I'd love to hear your take. I'm tempted to invest there but don't want to end up in a war zone or fighting month...
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I was talking to a friend of mine who has been renting apartments for about 10 years. his advice to me was just clean the apartment really well
everything is commercial grade carpet and builder grade fixtures and cou...
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Are storage units the best asset class to invest in? Loved hearing more from Aj Osborne when he was on the BP podcast and have since noticed a tremendous amount of growth and development in storage units. Love the low...
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Hello, my name is Stephen. I've been a member for a few months, but haven't really done anything here beyond reading some blogs and forums. I guess I should say something…
I live in Central Ohio, Graduated High Scho...
Hello All-I’ve been reading these forums for quite some time but just had the need to join recently: I’m looking to buy my first commercial investment property and would like some advice or guidance on the deal I’ve b...
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I'm currently negotiating on a triplex that has had the same owner since it was built in 1989. Additionally, One of the current tenants was the first tenant in the building, and one of the other tenants has been there...