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So I received my weekly mail this morning through that convenient slot in my door and curiosity made me go pick up that envelope and in that formal letterhead I saw the utilities' company's name in bold letters. Sure...
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Hi BPers,First, thanks to all who replied to my first post about possibly walking away from my wholesaling "mentor," who I suspect is holding me back. As I continue learning about the wholesaling business while rampi...
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I am flipping a single family that I purchased about 2 months ago with hard money. When I went to cut out what looked like old water lines (capped and bent over) under the sink I was surprised to find that the cold li...
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Hi all-
I'm looking into purchasing mobile home parks here in South Carolina. How does one analyze these? Do you treat it as a commercial property and base things off gross and net operating income?
Thanks in ad...
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I am in escrow on a commercial/industrial complex with 3 fully rented warehouse buildings and a dirt lot in the back corner. Currently the tenants are storing construction equipment and personal RVs in the lot for fr...
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I purchased a Quadplex in August knowing that it still ran off of original fuse boxes and was outfitted with cloth covered wiring. I consulted with an electrician during my due diligence to ensure that this would not...
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Hello BP!I just closed on my first 4plex in West Sacramento this week, which is fully occupied, but every unit is renting for way below market (~$250-$350 less). This is the breakdown:3 tenants on month to month leas...
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How common is it to charge tenants for water and sewage? Doing so would make this 4-plex property I'm interested in worthwhile. I also feel people wouldn't waste as much if they are paying for it. This property is in ...
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Hello All-So I recently purchased a condo (2/2 1k sq ft ground floor apartment) at foreclosure auction here in Wilmington NC. It was quite inexpensive so I feel good about that, BUT I have two concerns and would lo...
Hello All,
I am a first timer here, and was recommended by a friend, so apologies if I havent posted to the right forum or used the right language.
I am a landlord of a property (my first) in Von Ormy, south of San ...