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I looked at 2 quadplexes this week and both had the utilities split (i.e. gas and electric paid by the tenants) but the water bill was paid by the owner. meaning that there was only one water meter.
is this the norm...
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I am looking to switch from SFH to multi family and don’t understand cap rates
Do you want a higher or lower cap rate? And how are cap rates typically used in the multi family side of underwriting
Thanks
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So myself and 3 others want to partner to flip a rehab just get our feet wet. How do we begin? Do we buy under llc or can we all be on a loan together?
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I have been in touch with a private lender offering to loan on an owner-occupied multi that I am looking at purchasing for my family when we relocate to another state. My question is how do I or what questions should ...
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I am not ready to buy, but was looking for fun in my hometown Des Moines, Iowa. I came across this 1 month old posting on CL. No pics unfortunately. (link: http://desmoines.craigslist.org/reo/4712347923.htm...)3 Stu...
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Gross Rent 182464 182464 Vacancy loss 8% 9123 145971 Total Rental Income 173341 167867 Laundry 3000 3000 Total Revenue 176341 170867 ...
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Hi all,I'm considering making an offer on a mixed use property in the town where I grew up, a summer beach town. This would be my first commercial deal. The property consists of a liquor store, 1 store front that's o...
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Hi BP Community - I would greatly appreciate feedback on the following loan terms from a local bank. It's an 8 unit apartment building. I don't see anything that stands out except for the personal guarantee. I would...
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Hi BP community,
I just purchased a duplex in New Orleans and am considering short-term rentals for one of the units. I welcome any/all advice on this strategy.
Thank you -
Missy
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Does anybody have any experience in development or acquisition of assisted living facilities? My doctor buddy was talking about it the other day but I’ve never heard of anyone doing this so I was curious to see if it’...