Craig Garrow
How to Purchase Underperforming Self Storage Facility
I have recently found a self storage facility that the owners are considering selling. It's 24 units - 16 10x10, and 8 5x10 on 2 acres of land in a good location.
After speaking to the sellers, I've found that the...
Account Closed
Super newbie - and wanting to invest more!
Hi all! My name is Sarah, I grew up in Topanga Canyon, CA. I closed escrow on my first home purchase June 2016, in Woodland Hills,Ca. I bought the property all cash, with the plan to have it solely as a rental. I also...
Henri Meli
Can you talk me out of making another offer for this 24 units MF?
I found this 24 unit located in a small NC town, about an hour from Raleigh, NC.Built in 1979, 24 units, all 2BR, 1 bath,located near major highway, near mall and near county hospital. Each unit has one extra room, wh...
Paul Kouri
Experienced architect...new(ish) to real estate
I am a central Illinois native and resident. I am a 41-year old licensed architect ultimately looking to acquire long-term, low-maintenance investment properties over the next 10 years. I have had my original home as ...
Scott Roelofs
Cost Segregation: A Necessity for Every Real Estate Purchase
Most property owners have barely heard of cost segregation, and those who have think of cost segregation as a tax issue. Now forgive me for burying the lead, but for this specific article I will lay out a long-term be...
Wogderess H.
Evaluating a commercial retail building
hey guys I know how to evaluate a multifamily apartment building. But recently I came across a commercial building with retail stores. How do you evaluate something like that? Purchase price is 450K5 stores leased at ...
Wade Sikkink
Just closed on 14 plex
Hi BP Nation,
We've just recently jumped back into REI. We had previously owned a 4 plex, which was a overall good experience, so we were looking to move up to something bigger. We found a 14 plex that was ...
Todd Mulholland
Need advice tenant informed me they did a repair w/o approval
I need a little advice here. I have a long term tenant who I inherited when I purchased the property he has always called us whenever there was an issue (A/C not working, Broken window, toilet not working etc) Well la...
Michael Belz
Seeking Feedback on Multi-Family Deal Underwriting
Hi Bigger Pocket community ,
I’m seeking feedback on a 6-family property I’ve underwritten in New York . The purchase price is $1.45M, with a current rent roll of $13K per month (market rent is about $16K). The NOI...
Michelle Kuo
Notice for repair
Hi everyone! Thanks in advance for your help. Does anyone have a need to repair notice they can share? Also I have a tenant who is not answering calls or texts so I am planning to post this notice 24 hours before ente...