I found this company on FB. They are offering a part ownership in two large grocery store anchored strips in the NE. They are claiming a projected first year cash return of 8% with an IRR of 16%. The project is 36.5M ...
What percentage is the structure worth vs land for depreciation?In California in the property tax bill you can see sometimes the land is 90% and the structure is 10% but the reality to rebuild the structure can someti...
I spend a decent amount of time lurking here but rarely post. That said, I thought I'd share my recent Mobile Home investment story. I was looking to buy some mobile homes last summer for cash and then flip it as an o...
We have a LTR in Rochester/Greece NY that is under PM. We served the tenant 90 day notice as she was throwing massive parties in the home with complaints from neighbors, etc. Have not cash flowed the property for 2 ye...
Question at the bottom if you hate long posts, lol.
So literally 30 minutes ago, my neighbor who lives across the street told me she wants to rent my home. We are moving this weekend and planned to lease through a P...
Will you rent your house for short term rental arbitrage?What to watch out for?What you think will cause more ware and tear on your house. Short term rental or renting it to a family long term?
Hi folks,I am super excited of finally being brave enough and pull the trigger on my first rehab deal. It is in Orlando FL and I am in Miami (about 4 hrs away). Closing of the purchase could happen as soon as this we...
Fellow BPers,I am in commercial RE development of smaller stand alone buildings that at this point are fairly cookie cutter. I have an interest in Multifamily investing; however, to this date I own ZERO investment pro...
PLEASE REFRAIN FROM POSTING ON THIS THREAD IF YOU ARE NOT AN OUT OF STATE INVESTOR (this includes property managers, real estate investors and local flippers)Hi all,Starting an out of state investor thread here to see...
The good news, I had no issues buying my first 3 unit in Worcester, MA. The bad news, its been limping along with bad tenants and horrible property managers. I've run the numbers inside out and upside down and don't k...