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I'd like to purchase a retail condominium interest (multiple tenants, multiple units) situated in a mixed-use development at a price that is supported by a DCR (debt coverage ratio) that lender approves. Found out th...
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Can someone explain to me how appraisals work on 5+ plus MF units? Im looking at a 8 unit in my area that is a value add property. Do they appraise by sq ft and compare to other properties or what? Also, if the prope...
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The house that my wife and I currently live in will be a short term rental within the next few months, however we have one big issue: I can't solve our hot water crisis!
About 6 months ago our water heater worked ver...
I am new to BP and to REI overall. I’m looking to get into my first property and feel like I’ve found a great deal but have been getting mixed opinions. Would love to get your thoughts on whether or not this is a good...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Petoskey.
Purchase price: $150,000
Cash invested: $175,000
Old beat up Triplex in downtown Petoskey with a significant amo...
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1031 experts; do foreigners still need a withholding certificate if doing a simultaneous exchange?I have asked some QI’s and they are not sure.If anyone has any recommendations of QI’s who have experience with foreign...
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Bought my first property (800 sqft detached dwelling 1br 1ba) and would like to slightly over improve to make more recession proof and create a better tenant situation. What are your best ideas for improving the look/...
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We have our first rental property in Indianapolis under contract and I've received a couple quotes for homeowner's insurance, 1 was nearly double the other. I was hoping there was a standard amount of coverage/deducti...
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SO we sold a property faster then we thought it would sell. Great and we now have $49000.00 in a 1031enchange. We have until January 20th 2018 to list the properties we want to buy. Can we just list a Apartment Buildi...
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Any water heater gurus out there? We're remodeling a unit after an eviction. Gas was off for a few weeks, and now that it's back on the water heater isn't working. For a while the pilot would stay lit until the unit h...