CJ B.
How do you determine for price for 4unit
I am aware 5units is commercials and 4 and below is residential. I am confused on how are comps determined (I'm looking to submit an offer)? If all units are leased would you just run the numbers as if it is commercia...
Troy Knight
Building a spec house in AE Flood zone
I'm curious if anyone has any experience with building a spec house in AE floodplain, especially in Charlotte, NC within Mecklenburg County. It's my understanding that I can build the lowest level of the first floor a...
Josiah Charland
Advice needed!
Alright so let me give everyone a little background. I'm 28 years old, I have been working for a large retail company for almost 7 years now. I got married 2 years ago. Me and my wife were able to purchase a property ...
Timothy Christian Jr
Determining if your Cap Rate is good or bad
I determined the cap rate for this duplex in Greenwood, Indiana, earlier today, and it was a 7 cap in a B class neighborhood. How can I calculate my market cap rate (CR) with this data? How can I determine if a deal i...
Eric Schaaf
What Should I Do?
Hi, guys. I've been lurking, mostly, and keeping my eyes open for possible opportunities in my area. I have recently begun speaking with a friend who is also interested in real estate. He has more capital readily avai...
Don Konipol
Why I Believe Striving to Build Passive Income is Overrated
Why I Believe Striving to Build Passive Income is OverratedThis may seem like a disingenuous statement coming from a passive income guy, BUT, I believe that those looking to build sustainable look term wealth would be...
Kevin Phu
Purchase Vehicle to Uber
So an idea crossed my mind and I've done a little thinking about it. Wanted to see what the community's opinion is on it and if they feel it could be a good idea.General Info on my situation:Primary vehicle: No paymen...
Travis Kay
Loan Recommendation needed
I'm looking for recommendations and help to find a lender than can lend on a property and not on my personal credit or DTI. While I have an 825 credit score and low personal DTI, I am looking to refinance a rental pro...
Don Nelson
First Large Multi-Family - Analysis Help?
Hey BP'ers - looking at my first large multi-family and need help knowing what the unknowns are. Here's the data:79 Units - Townhomes, with 24 separate buildings. 60% have been updated with roofs/siding, interior ba...
Ron Read
Has anyone bought a whole LLC instead of the assets?
I've identified a distressed seller of a multi-family, but I can't quite scrape up the 25% to get the commercial loan. The seller owns the building in the name of XYZ LLC, and doesn't own any other properties.I was c...