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Hello BP,We recently purchased a Triplex (1BR, 2BR, 3BR) in Vermont. The house has 3 showers, and 6 sinks. The house was definitely owned by people taking shortcuts, and one major issue is a 35gal propane water heater...
So apparently The Coke Can Multiplier is some sort of a hotel valuation technique that can drastically send the wrong message about the value of a property. Do hotel owners really use this to buy and sell property? Th...
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I am wondering if I should stick with my current restaurant manager job while I get into small multi family investments or if it would be worthwhile to pursue a job in property management or another aspect of the busi...
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We were almost closed on a house when we got the appraisal report. The square footage of the house was off over 300 sq, ft. The selling agent ignored the report and would not discuss anything with us. Instead, he just...
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Hi guys, had anyone invested outside the county specifically Mexico? I was wondering of a rental home there would be a good investment. Has any one does this, if so what factors has an important role in the process. T...
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First time poster seeking legal input. I own a handful of small multi-family units, plus a few single-family rentals all listed under the same LLC. Considering purchase of an occupied quadraplex...from a legal stand...
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I'm interested in buying a lake house in Northern, or possibly mid-Michigan. I have rented a few for vacations on HomeAway, and now I'd like to just own one myself for use a couple of weeks a year and hopefully have i...
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A large majority of people new to real estate and wanting to make some aspect of real estate their full time “career” get it all wrong. They’re misled by the hype from the “cult” created by would be mentors advertisi...
Hi BP community! For a little background, I’m a Houston oil and gas investment professional working for a venture capital firm that has ~$11 billion in AUM. I'm familiar with the underwriting acquisitions and am inter...
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So I've made a few calls today on some MHs in the area, I can pick up 3 now for a total of 10,000. I would imagine I could get them all for around 7k.
the lot rent on these range from 3-600, the CF from these would b...