We are looking at a commercial property that is very underutilized. It has 2 buildings both wired with 440 3-phase. One has heat and is insulated. Is there a resource or general rule of thumb when trying to figure out...
Hey there. For the past few years, I've been working for my family, managing their properties pretty much full time. However, I wasn't reporting any of the income I made. I'm wanting to get started in out of state inv...
Hi BP,I cold called a gentleman today who is a out of town owner and he said sure I am interested in an offer. I told him I collect info and have to do the math on it. Every question I asked him: beds, baths, debt, mo...
Hello fellow BP members!I’ve got a tenant who is finishing their 2nd year living in the property. They’ve been amazing with very minimal problems. The landlord/ tenant relationship has been great and they even message...
Hey, BP CommunityI am in the St. Augustine, FL area and have a question the manufactured home investor community. I am looking at potentially purchasing a lot that currently has a manufactured home there. I have never...
As a new out of state investor, I am curious what are the options to back out of a property once the inspections are complete and appraisal is ordered especially if you find something during inspections. Thank you so ...
Hello BP! Im sure we've all had a "darn, why isnt this easier", "there has to be a faster way" or"there has to be a fix for this" moment. I am currently pursuing a fix for one of these annoyances via mobile app develo...
Hey BP Chicago Fam, I recently read this article on redfin and wanted to get feedback from those more experienced than myself. The article basically states that asking rental prices have seen a decrease and areas such...
Posting this for a friend who owns a 7-unit building in Chicago. He's noticed very high water bills in the last year, including the most recent one for $6500. Finally it was determined that there is a leak in the wat...
I recently closed on a property in San Antonio. Half of it is a commercial property...a bakery. My insurance company is requiring a few different repairs. One is "clean the cooking equipment ventilation ductwork". I'm...