I have identified a property that would be perfect for assisted living or nursing home. The problem is I don't want to run that type of business. If I developed the property for this use are there companies that come ...
What is your definition of Commercial Real Estate? I know many on BP consider Multi Family to be commercial R.E. Others believe that it's any real estate used for "business" purposes, still others consider any propert...
Hello Everyone! I am just getting into contract in the next few days with a 47 unit multi-family property. The numbers are great, the occupancy is high and the property is well maintained! My questions is this....
...
I’m struggling to wrap my head around the reality of negative cash flow. I’ve been exploring multi-family properties for house hacking in both the Philadelphia and Boston areas for several months, focusing on the chea...
In looking at the Minneapolis market, many multifamily homes are built around the 1900s. This is going on 122 years old, which means many harsh winters, degradation, foundation issues, etc. Many have boiler heat and A...
Hello everyone, I'm new here and new to real estate investing and I'm at a crossroads. I see three main paths ahead:1. Short Term Rental (in vs. out of state)2. Long-term single family (in vs. out of state)3. Multi-fa...
Hey everyone, hope y’all are doing alright. My tenant just moved out and she left 38 small holes in a room. Should I and could I take their security deposit or portion of it? What would you do? She also lost one of th...
We have one rental in Jackson and now on our second property manager. First was Evernest, (never again). Now, a Mom and Pop style PM. I don't want to say who since I'm not 100% sure what's going on. First red flag, th...
Good Morning BP!Summary: How do smart investors hedge against market corrections in the commercial multi-family sector? And should required reserves for a property be factored in to calculations for CoC and/or IRR? Th...