Hi everyone! I am currently looking into a 230 unit, 11 story apartment building on 8.32 acres. The owner is motivated to sell for $48k. The rents range from $580-$750 for studio to 2 bedroom. There are alot of "Dont ...
My name is Caleb Burrow. I am a service consultant at Sunrise Chevrolet, Buick, GMC in Collierville. I am interested in real estate both for flipping and to rent. I am learning how the process works because I want to ...
I learned from a previous BP question that the 6 unit office building I am buying will likely be appraised using NOI/Average cap rate for the area.
How does the appraiser verify my NOI? Are they just going to look at...
I spoke with a possible investor recently. After offering him 12% of the profit over a year term, he asked, “if you don’t finance to pay me back through a bank loan for whatever reason after that year, would you give ...
Hey everyone my name is Ryan. I had a quick question regarding building an income property portfolio.My grandparents passed away and their single family home is fully furnished and unoccupied. It’s been sitting for a ...
Hello All,I'm starting to look at self storage facilities and need some basic questions addressed that pertain to the MN market:1. Are there Local/community MN banks that lend for self storage purchases? What are the ...
I have interest in starting a real estate holding or investing company where its ultimate goal will be to invest in long term multifamily commercial type properties.
The properties will be acquired for their income ...
Hi everyone, I'm looking to use the Brrrr strategy for my 1st deal but instead of just renting it out I'm wanting to do a lease option/ rent to own to lower my expenses and increase rent and cash flow. I'll be using...
Hey everyone. My name is Derek and I am new to real estate investing, or real estate in general. I have been reading books, listening to podcasts, etc. for the past 6 months or so. My goal is to be a passive invest...
Hello! I'm a newbie investor in Cincinnati, Ohio.