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Good day BP! I recently came across 26 units (22 one bedroom unit + 4 three -1 bedroom & 1- 3 bedroom) The seller is asking for $1,250,000 and I offer $1,040,000 after underwriting the financials. Seller countered...
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I'm working on a medium to small development (30 doors) and would like to know if there is a checklist for due diligence that anyone has used and can share with me. I'm looking more on the road and infrastructure side...
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I decided to learn more about the florida market. I still did not decide on a city, however I did narrow it down to a state instead of hopping all over the country, a big milestone for me by the way. Hoping to make as...
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Hey BP gang, how do you deal with a MHP appraisal? I just got a quote from the bank on two different appraisers for $2200 and $4400. Since the parks evaluate on an income basis, how is an appraiser going to figure out...
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Hey all, I was hoping someone here can share their lease with all the new amendments to the laws that's changed in New York.
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Hey Everyone,Really excited to join the BP community and start learning from you all. I'm new to real estate investing and I am struggling to define my investment strategy. I have done the following:1) identified a ma...
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Hello BP Community,I am in California. I have a big tree in my rental property and its root start causing some issues. The tree is near the end of my back yard, and the roots start expanding for a while: The tree has ...
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Initially I contacted a builder to inquire about putting a MFH on a lot I was looking at and he basically talked me out of it. We ran through the numbers together and determined the lot is about $50k over priced. As t...
Purchase Price: 170,000After repair Value:260,000repair cost: 10,000rental income: Front unit 3b 2b = $1400 back unit (studio) $500 = $1900 The seller owes $75000 in taxes is 85 years old and her children are a demon ...
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Hello everyone! I am DeRonte Craig a 19 year old sophomore in college studying business management and entrepreneurship whose goal is to become a billionaire by 30(I will be). I have a question for you all? I have my ...