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Hello,I've been following the BP podcast for a while now, and am just in the process of closing my first commercial property deal.I've been renting out an apartment unit I originally intended to live in myself, for ab...
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I recently closed a building with 24 residential units and it is more than 100 years old.I have talked with a designer/architect about interior design.His quotation is around 21k for all the units.Is the quotation rea...
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Backstory: My SD IRA custodian (American Pension Services) went into receivership earlier this year. They have been sorting through the whole mess and apparently the owner made some bad choices and 25 million is missi...
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Looking to start wholesaling in Myrtle Beach SC. Has anyone worked a deal lately? Don't know ANYONE here with $$ or selling a house. Would really like to chat with someone who's done it before and was successful. ...
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I'm owner occupied in a duplex. My tenants that live below me in a large 3bd/1ba unit have been there for almost 3 years now. I rent the unit for $700. I've never raised their rents. When I purchased the property, I t...
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What is the typical annual increase in rent? I have a single family house that has no mortgage. I've been renting to the same family (elderly couple and their adult daughter) for the last 3 years with no increase. Why...
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I was recently presented with the opportunity to buy a surface parking lot. 83 spaces. In an area I am very familiar with. Spaces are rented to local businesses - for example, one business will pay for 10 spaces for t...
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We closed on our 1st investment property around Thanksgiving, and put in some elbow grease and many trips to Lowe's to get it ready to rent on Airbnb. It took a little longer than expected (they always do, don't they...
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I would like for a couple of people to give me some feedback on this proposal I have drawn up. The deal analysis link is HERE. The proposal is below:I propose that we start a LLC, create an operation agreement, and F...
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I inherited tenants in March 2024, who’s lease is ending in October 2024. They are paying $825/month. It’s a mediocre but not killer deal for me to not renew lease, rehab and rent to new tenants, as I’ll make only 8% ...