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I remember listening to a podcast here on BP, at least I think it was, that was talking about how this person knew the seller was wanting to 1031 so they offered full asking price but asked for a credit back from the ...
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Hello all, I have a question on return on investment when expanding a unit. I have a 1+1 back house I’m renting out, but can expand it two bedrooms, or even add a second unit altogether. How can I calculate the return...
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He guys!
I have done about a dozen condo and townhome flips in the past year and I’m very curious to hear your thoughts as I am completely new to the game. Please see the five most recent once I completed below.
Any...
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Hi BP,I'm a spec builder in Alaska. I've built 4 multi-families, 2 single families and am currently under construction on two more. All within two years. My question is if anyone knows the average PROFIT builders are ...
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Can someone please tell me in laymans terms what the cap rate is? I've read definitions over and over, but I still don't get it. Sorry feel like the dunce cap is on.
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From what I understand the two basic requirements for a 1031 exchange are the following:1. Use all net proceeds from sale into another investment property2. Subsequent property must be of equal value to the net sale o...
Hey everyone,
I'm just curious as to what amount of liability insurance coverage most people have on their SFR's?
My insurance agent wrote up a policy for $500,000 of liability coverage plus $1,000 medi...
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I am looking to start the search next year for my first multi-family property, and wanted to look at cashflow statements of those already running performing multi-family properties.
What am I missing for fixed expens...
I am touring a 20 unit apartment building this week that was just listed for sale. Decent asking price for a value add investment that is currently renting at 58% of market rates. Plan is to renovate unit by unit, shu...
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I'm not sure how suited this question is for BP, but I'd like to mention if anyone knows.I currently pay child support bi-weekly. Recently (April '17) I began leasing the first rental property for $1,600/mo, and the ...