Mohammed S.
Evaluating economics of a 6-plex construction in SE Houston
Hi all, I am interested in constructing a 6 plex, class C apartment in Houston in place of the house that currently stands on the lot. The contractor has given a bid for 630 K for a turn key (including the developmen...
Willis Seng
Need Help, Commercial Property Analysis
Hi, I need help analyzing this shopping center.
5 unit Shopping strip
Agreement price: $1,100,000 (negociated and agreed upon)
Down payment 20%: $220,000
880,000 30yr @ 7%: $5,854.66/mo
5967 sq. feet
Operating Exp...
Brian Detlefsen
Many Satellite Dishes On My Roof
I am in the process of buying a 15 unit apartment building. I will be closing in three weeks. There are currently 8 satellite dishes mounted on the asphalt shingle roof. I am including in my lease that dishes are not ...
Christian Carson
Old Phase I/II reports
Pretty much every Phase I or II environmental site assessment I've ever seen references past studies, and not just studies done by the same company. Does anyone know where they find that information? It would be reall...
Bryson Jacob Erickson
Military Real Estate Investing
Looking for the best advice on beginning my investing journey while serving in the military.
Clay Manship
The $50,000 Wholesale Deal & Creative Wholesaling
So, a couple of weeks ago I closed one of my favorite wholesale transactions of my career. No, it wasn't the biggest, but it had to be the best--because it combined my years of knowledge and learning each piece of the...
Will Gaston
How should I my partner and I split this deal???
Hello All,A silent business partner and I just signed a 5 year master lease (with an option) for a duplex in which we be paying $1200/month to rent from the owner and we will be subletting for $3300/month. Some speci...
Derek Bennetsen
Solo 401k -> LLC -> UBTI
New to the website. Great forum!I have a Solo401k Trust and am in the process of creating an LLC that is owned and operated by the Solo401k Trust. The LLC will be used to purchase real estate with funds from the Sol...
Jan Farley
Addendum to property management agreement re:plumbing emergencies
Had an owner scream at me because I sent a plumber to check out a leak from bathtub, saying there is no leak blah blah blah. I hold a $300 pad, but plumbing leaks are emergencies and should be looked at ASAP. I’d lik...
Alexander Vargas
When to start a business? (LLC)
Hello, first time poster and real estate newb! I haven't heard or seen anyone cover this question before so I thought I'd ask. When would be an appropriate time to start an LLC or Corporation when investing in propert...