Scenario: You are working on a deal with a major credit Grocery Tenant on a space that has been vacant for 4 years now. Would require a complete demolition and redevelopment of this existing space. LL Work/Buildout wo...
I'm in escrow on a property in San Pedro and I'll be inheriting more tenants than are on the lease agreement in 2 of the units. Looking further into the RSO I see that you can raise 10% per additional tenant not liste...
Hi all,
I'm a new developer doing a second home vacation planned community in a rural state far from the metro area where I live. I live in the place where the people will be buying houses and I have connections to t...
I found an ugly house on a lot a lot that's zoned R2. The house is a tear down but the upside is that 2 units can be built on the lot How do I estimate what I should offer the owner for the lot? How can I estima...
Wanted to pose a quick question and see what everyone here thinks, and if anyone has expirance with something of this topic.
In my area, the rental market seems to be pretty good, area-wide vacancy rate is around 6%....
Hey All, Hope you're all doing well. In a few words, here's my story. I recently purchased a three-flat on the near west side of Chicago. Our inspection uncovered that the smoke detectors were battery powered. After t...
Has anyone worked with a lender who has actually closed an FHA, VA or Conventional Energy Efficient Mortgage? Interested in flipping a home that would qualify based on HERS rating + energy savings and would like to pa...
I am currently in the process of forming a real estate investment club . I have 30 people already interested and I am looking for more. My plan is for everybody to contribute at least $6k a year and we will start by b...
Hello all,During my introduction post, I was provided a potential home to rehab on the cheap. The house is next to nothing at $10k, its a 2/1 1000sq. ft. and in a rather undesirable area of the city. However, the area...
If you wanted to add a unit to a property would you value it the same way you would value any other property?(50%, 2% rule)
Does anyone add units to their properties, like basement apartments?