I recently closed on a 14 unit MF property in Central NC. I was able to get it at a fairly low basis and it appraised well above the contract price.I have spoken to brokers that have told me if they being me an offer ...

About my goals:
I'm 35, no kids, own a construction sales business that has variable income (I make commission from selling building products on commercial buildings: windows, skylights, glass, etc.). I live/rent in ...

Hi Everyone,I'm planning the next couple of years and could use some advice.My wife and I both bought condos (hers in Oceanside, mine in Poway) before we started dating. Once we got married, she moved into mine and we...

Any feedback would be awesome, what am I overlooking? Good or Bad. Thanks in advance!I have this property under contract and my inspection period ends today.Purchase price at $525,000, Rehab Estimate $200,000 to $250,...

Hi BP community!  My name is Matt, I have been using the BRRRR strategy for about 15 years, primarily on smaller multifamily 2-4 unit.  About 3 years ago, I got contacted by a real estate broker about a commercial pro...

I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense. 
Example: 
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...

I have a great tenant in one of my SFH rentals who asked if I would be interested in selling the property to them. The tenant has been in the property since February 2020 and pays rent on time every month, and sometim...

Hello BP,Once again, I need advice. I am currently evaluating 8 units, all in one building and as the title explains, the property is on a septic system.I am looking for everyones thoughts and advice on whether or not...

A tenant of mine recently broke their lease.  They still have 6 months remaining on the lease.  The home was left in good condition, but I'm anticipating they may not continue to pay the rent while I work to get a new...

My husband and I currently own a STR property at a ski resort in New Hampshire. Last year was our first full year of owning the property and renting it out, and we think we did fairly well. We calculated our total yea...