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Hi!
I ran across a property that is offering seller financing. I have heard this term a lot here on BP, however I'm not sure how I can and would benefit from such an offer. Apparently you have to qualify for it. I do...
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Hi BP Friends,
I would like to setup my investment property under an entity or corporation. I want to protect myself against tenant liability and asset separation protection.
Doe...
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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 ...
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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...
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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,...
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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...
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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...
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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...
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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...