I’m currently looking at a location to start a climate controlled self storage business. I found land that can fit a 50,000 sq foot building on for $500,000. How much would it cost to build a 50,000 sq foot building a...
Hi all BP members, My parents currently own an investment property that is fully paid off. They are currently planning for retirement and they would like to sell this property in the coming years. It is not their not ...
Needs new siding, windows and doors. Quote for that came in at 40k. Its an older house and wiring has not been looked at as far as I know. Needs a new roof at 10.5k. the 30k left in the budget would be for the inside ...
I've been throwing around the idea of investing in a mobile home park for some time now, but wanted to wait on an opportunity that I thought was appropriate. A local MH park has come up for sale and I have some int...
We have been preparing our first rental home to be listed for several weeks now and listed it last night. We received 4 applicants in less than 12 hours! But here is the catch, 2 of them are victims of the recent...
I'd like to hear from anyone who has successfully worked a short sale with a HUD insured reverse mortgage. Not all reverse mortgages are HUD insured, but in my farms easily 90% of RMs made during the Bubble were HUD ...
I am looking to buy an old commercial building in a very small town (750 people) and convert into 7 units here are the numbers:
$55,000 purchase
$100,000 renovation
$15,000 hard money interest
Property managemen...
https://www.biggerpockets.com/...-How does the closing costs factor into the cash on cash return? This deal has a cash on cash return of 18% and a cash flow of greater than $200 per door, but is basically breaking eve...
Hello All, happy new year! I hope 2017 is off to a good start for you! We visited with a seller today who called in response to a letter we sent. To make a long story short the seller is elderly, has been in the home ...
Good Evening everyone! At last I am finally getting started on my first new home build/investment, and am very excited! I have been waiting/ working towards this moment for a couple years now! First things first yes I...