The property is a 5 unit light industrial building. It was built by my father who was self employed as retirement income for him and my mother, who was a stay-at-home mother and also assisted him in his business. One ...
Hello Everyone!I was looking through LoopNet.com for a multi-unit property, but like most listings online, it does not give all the figures for me to put in the BP rental property calculator.I was wondering how you gu...
Hello BP Community,
I have always had a long debate what is the best strategy when it comes to salting multifamily properties/small apartment buildings. The more units under one roof, the more efficient the cost of s...
Recently purchased a property with build potential. There's a tree that can be removed without requiring a permit, and it probably has 2+ years before it grows large enough that we would need a permit. The tree is a...
I am interested in learning the ins and outs of owning industrial property.
I need help analyzing this deal.
15,600 sf of space
asking price $325K
needs $125K according to the agent (new roof, clean up, paint o...
Hi all,I made this post originally in the wrong section and had no replies, but this seems more suitable. So, I'm currently in the process of closing my first deal. I'm going to be house hacking a 3flat, and am wonder...
Hi BP!-I'm an architectural designer (soon to be licensed architect) moving to Tampa from Los Angeles in a few weeks. I'm interested in meeting Tampa area real estate professionals to establish a working connections f...
Hello Everyone!I have been wholesaling deals since 2002 and I have learned that 99% of the time the same 4-6 buyers will buy all your deals as long as they make sense.This talk about having 30, 40, 50 or more people o...
Dear BP, I have a 4-Plex that grosses $28,880 per year ($2400 x 12) and all units are fully occupied. In order to calculate my overall cap I did the following (annual basis): Gross Income = $28,800Less: Vacancy (5%) =...
Hey everyone!!! I bought a SFH at the end of 2020 and the value has gone up quite a bit since then. My plan was to fix it up and then rent it out but then I heard about the FHA 1 step close loan product where the cost...