Hey BP,I initially thought that to value commercial real estate you just use the income approach and apply a cap rate. I have read about other methods such as the cost approach and the sales approach. I am confused in...

Hi guys I just got into a property in the NYC area .2 family home, it was brought to my attention by a friend. And it's main selling point was buying into equity in a neighborhood that's about to explode.Main thing fo...

Kind of a long post.  Sorry.  Just put a property under contract and wanted to get some feedback on which option is best. The purchase price of the property is $260,000. The property has a house on 1.08 acres and is ...

Hi, How would go about financing multi-family construction project (10x 1BR units) given the following starting conditions:- I own a lot with an existing duplex standing on the lot - Lot is mortgaged, remaining mortga...

Last year I converted my primary residence into a rental property.   We purchased the home for $295k in 2006 and it lost value over the next few years, now at around $250k.  Per the IRS, I need to use the $250k for de...

Ok, so for the first time I have to deal with one of my flips not appraising for the sales price. I gave the appraiser a list of comparable recently sold, a list of repairs and before pictures of the condition of the ...

Hi everyone!Does anyone have an estimate for how much it would cost to build a duplex or 4plex in Bradenton?  We have an opportunity to pick up a lot and are wondering if it's cheaper to just buy a duplex/4plex that i...

A little bit my background. I run 3 hedge funds currently and have worked 3 years as a framer and finish carpenter. I have done more than 300 construction projects and development projects. I also studied for my certi...

Hello, I hope you are doing well. I need to perform a cost seg study on my short term rental which was newly constructed during 2023. This is for my 2023 tax return, and I have filed an extension. I am looking for ins...

Iron Sharpens Iron. I want to hear your most effective ways at increasing rent from an already existing tenant.I personally write up an email or letter 60-90 days out from renewal explain that their rent will be going...