HiI joined BP recently and wanted to introduce myself.Moved to bay area in 2014 from NYC and bought a home for primary residence . Based on recent sales prices , it appears that our property has appreciated about 250...
HI!
I recently joined and am learning as much as I can. I just put my first offer in! I'm a first time investor and buyer. I decide to move to Spokane Washington and by the time I got here and got a job and am ready...
I am going to place an offer on 3 condos in the same building, and would appreciate some feedback from this amazing community. Here are the numbers:Purchase Price: $105,000Appraised value: $140,000 (based on my CMA)Ea...
Without being naive and assuming everything would be the same as a SFH I thought I'd post this up and see what types of things I'm most likely not taking into consideration. Here is what I'm looking at:
There is a bi...
I’ve heard that you should never build a mobile home park from scratch, but I inherited some land in a prime school district. With no rental properties in the area. I already own A trailer park in the next city. But t...
Good evening BP community!I'm new in the business and I would like to get some advise on how to begin building a strong and reliable buyers list. Your advise would be truly appreciated! Looking forward to hearing back...
Went to a Sherriff Sale and was the highest bidder on a Commercial building w/ acreage. I was under the impression I would take possession after to confirmation hearing. Is this correct? What do I need to do about evi...
I'm looking at a 9 unit building.
All one bedroom units
Monthly rent is $7450 annually $89,400
Building age 46 +/- 1
Cap rate 5.22%
Asking price $989,505
How do you use the rental price to get to a building value?
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Hello BP! I hope everyone is celebrating the holidays with their family and friends!I am currently interested in purchasing a city-owned property, but before I send the city a letter of interest I would like to see if...
Hello everyone, hoping I can get some feedback on a 4 unit I am negotiating on in Bridgeport. I feel like the purchase price is a really good deal but I still cannot get a cash flow based off of my numbers. Hoping to ...