ATTENTION NEWBIES:Hi! I’m Alex and I am one of you. After soaking in as much knowledge as possible this past year, my portfolio is still 0 but I am overly anxious to take action. I am looking for fellow beginners who ...
Would you buy a triple net with a Pier 1 imports as a tenant with 4 and a half years remaining in the contract? Location is good but my concern is the situation of Pier 1 importa, numbers are dropping so quick that af...
Hi all,Does anybody have a reason why we use a higher reversion cap rate in our analyses besides for the sake of being conservative?I've heard that one should add 10 basis points per year to the purchase cap rate to d...
My tenant started late July has made some requests to fix during walk through. It includes closet door track not completely smooth, blinds not holding up well when pulled up half way, balcony floor has weather stains,...
Hi everyone! I found this thru the Marketplace from a reputable person. Here's the info:Purchase Price- 60,000Closing Cost-4,000Repairs- 30,000 (he emailed me the full inspection report and had a contractor estimate a...
Fellow BPers,I found a commercial retail property (strip mall) that I am interested in but I have no idea how to evaluate it. I've never done any strip malls before. How do I run the numbers? How do I know if this is ...
We own 1/4 of a side by side quadplex in Kansas where marijuana is not legal, (not even medical, yet.) We have no ownership to the other 3/4 of the property, therefore no leases with anyone there except for our tenan...
Dear Biggerpockets membersA section 8 tenant of mine filed a conversion lawsuit against me claiming I was responsible for her missing belongings worth $100,000. I got a lawyer, she lost the case and I asked the judge ...
This is a great topic, I think we can all benefit from creative ideas. Multi family comes to mind. In a economic downturn people down size. They move from there homes to apartments to cut cost. I would say make sure ...
Hello, new investor here and I would love some help evaluating a deal. Local mh park right down the road from my house, 10 old park owned mobile homes, small run down 6 apartment building, small stick built cabin. All...