What is a good cap rate on a 20 unit apartment complex close to 2 universities in a highly desirable and rentable area in Nashville, TN?  Is 6% low, 8% average and 10% high?  Forgive my ignorance but what is that base...

Hi all, I'm new to BP and this is my first post. I'm a licensed real estate agent in TX and I'm helping a client invest in a commercial property.  The offering memorandum for the property lists "vehicles per day" on t...

We have 64 covered (40 ft x 13 ft) RV and boat storage spaces in Kyle, TX.  We currently get $85/mo per space (not inc tax) and we rarely have vacancies for more than 12 hours.  In other words, it's been a great inves...

I have been flipping houses for 3 years now. I have been doing this under a c-Corp. I have been taxed as a dealer. I started a new LLC to buy and sell house, plus rentals. I learned about dealers vs investors and ...

Hello there everyone. There is a random dentist office that has been sitting in a residential area next to my house for the last 10 years vacant! The owner died and it seems they tried to sell it a few time but with n...

I'm currently managing a small apartment complex, and the owner has offered it to me for below market value on a land contract. Roughly $240K value, LC would be $200K with a 5yr balloon. Balance due in 5 years will be...

Good morning everyone!As an SBA professional I wanted to make you all aware that the SBA has a long standing policy to allow for loan deferments to handle temporary cash flow disruptions, which the Covid19 event quali...

Hi all, Wanted to get some people’s thoughts. I have a tenant who just moved out of the apartment and owning $1400. Saying she will on Friday but she didn’t and she’s not replying to my messages. For anyone in my shoe...

I am plagued with how to finance the purchase of lots and development of RV pads, landscaping, etc.  I was told the only way to finance this is through a local bank with a personal loan.  It occurred to me that maybe ...

I've started down this rabbit hole, looking into becoming a loan officer.  Found lots of different ideas of how this job looks just not sure what is realistic.  Was listening to a podcast that suggested it and liked t...