What is the concensus? Right now the real estate market is hot, and properties are selling way over value and when something is available for a reasonable price it is snatched up instantly. It appears that the high ...
I was approached by a couple who want to run an assisted living business out of my 3 bed 2 bath. He is an rn and she is a certified caretaker. They were able to secure a loan for 65k to start the business. In socal.
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Hey guys/gals,I’m looking for additional ideas for “value add items” for apartment complexes please. (Basically items where one can add value to the complex which are currently not being done at the complex). Here i...
Hi all, I have a question regarding value of Multifamily. As I understand one use cap-rate to value a multifamily property and not comps. So, I wonder how does an up market, impact multifamily values. Is it just high ...
I really need direction in businesses. The business that I will describe for you can be any business - it can be an ice cream business, or even an office coffee service business. Forget real estate for one second. ...
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,250,000
Cash invested: $2,100,000
Open as of March '22, BUNGALOU "Stay & Play" is concept that blends ...
It feels like everything around us has become just a little more difficult these days. Packages are taking longer to arrive delaying progress, money isn’t going as far as it used to, and our time is becoming “our time...
The backstory: There is a triplex for sale in town, in a higher rent district, beautiful building, I REALLY like it. The current owners inherited it about a year ago and the rents are well below market. From what I...
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $527,500
Cash invested: $350,000
Sale price: $1,289,000
Purchased a legal 2 family. We had it converted ...
Looking to invest in Chico for AirBnB. Does anyone want to share their experiences? What are the major draws to the city ?