Mark Doty
Quad to 6-plex: repositioning valuation
I have a hypothetical question for the community about purchasing a 4-plex that has been zoned for 2 additional units.This is a hypothetical exercise to identify gaps and valuations not currently under consideration.F...
Grant Shafer
Best sources for education
Hello everyone. My name is Grant, and I'm new to BP. My background: I became an accidental landlord about 6 years ago. I then met my wife, who owned her own house, and we bought a larger house together. Her house...
Nick LaRocca
What exactly is real estate syndication?
Ever since I got into real estate I've had a few questions raddling around in my head about syndication that I can't seem to get straight:
1. Are developers syndicators or do they use syndicators to finance the equit...
Dirghayu Desai
CMBS Loan Assumption
I am trying to understand the mechanics/math behind a CMBS loan assumption and the cash/equity needed from a buyer who would acquire the property and assume the loan.Example parameters below:Original Loan Bal...
Lazlo Steele
Newbie in the Colorado Springs market
Hello all, my wife and I are non-traditional workers (self-employed and tip-based respectively) looking to build our path to wealth. We have big dreams for the next 10 years and I am looking for a place to ask questio...
Mark B
Brewery wants credit toward lease purchase for their improvements
I'm in an interesting deal and would love to hear your opinions.I have a $420k commercial building. A microbrew wants to move in and fix it up. After 3 to 5 years they want an option to buy up to 50% of the facility...
Mike Baker
Odd Property
We are looking at a property near the campus in our town. It is different in the fact it operates more like a long term hostel, so because its so different then anythinig around it, it has been on the market almost 2 ...
John M Arnoldsen
Looking for a CPA and Asset Protection Attorney.
My big question is: Does it matter where the CPA and Asset Protection Attorney are located?Details: I live in Utah and own one duplex in Tennessee which I purchased earlier this year. I have never filed taxes as an in...
Robert Lindsley
Best Property Management Software?
Hey there!I’ve been using QuickBooks Online for my property management and I’ve come to realize it’s the wrong tool for the job. So I am looking for new software and wanted to ask for your thoughts.There are a few th...
Henri Meli
Your thoughts on these numbers ...
Brick construction, 20 units , Built in 1970, Location NC, Area characterized as Class C. I drove through the area, there are new constructions happening on that street and the streets nearby. Property is master meter...