Hello everyone,I'm pretty new to BiggerPockets and this is my first time posting. I'm looking at purchasing a mobile home park (MHP) in NC. I'm currently doing my due diligence on one that is priced at $250,000. I h...
Hi, Are there any special compliance considerations for commercial property purchases in Ft. Worth, Tx.? This is an office/wharehouse with 5 fronts, seperate meters and HVAC. There is no fire suppression system. 18,00...
Greetings BP, I have a seller who is looking to sell their property in the olney area of phila. The property needs minor cosmetics and has tenants paying $850 a month. The seller stated she is not taking a cash whol...
Hello Fellow BP Members! I was hoping I could gain some insight from some experienced investors about some conflicting ideas in my head about what to do with passive income earned on real estate investments. I was l...
For newer CRE developers working to establish credibility for larger scale deals, I’m curious about the role of financial documentation in building trust with brokers and sellers. Specifically:
1. How do brokers eval...
Hello Everyone, I am looking to purchase my first rental property in Detroit. I am interested in using private money lending to make it happen. I have been studying for my real estate degree for the past 3 years and w...
Hoping for some feedback - in the counter offer stage of this deal. I'm looking at a $470,000 purchase price for a beautiful home built in 1920 downtown of a growing town in the north bay area of San Francisco (1 bloc...
This post is meant for my accounting colleagues - an invitation to debate, basically.Let's consider scenarios.1. (clear) You buy a rental with a $100k loan. Two years later, you refi into a new $100k loan with better ...
Hey everybody! Quick question for you guys -So I know this isn't a new idea, and it's been floating around in my head for a while, is there a need for a good virtual assistant for vacation rentals? I'm talking about a...
Hi All, looking for some feedback on my potential first office building purchase. The Property: 1) is 100% occupied with about 15 tenants (of all sorts) 2) has a cap rate at about 8.0% at last ask. 3) is 3 stories is ...