Eric Kristt
Is it commercial or is it residential?
So, I’m looking at a large house in my local area that has 5 units with 5 separate electricity meters. The MLS is marketing it as a multifamily residential property and was valued based on comparable homes. I was curi...
Nicholas Fazio
5 unit Deal analysis advice for a novice, here are the numbers...
Hey all! What’s up BP! New to this, first post, gotta get feet wet, right!? No previous exp, learning all facets of these processes, super interested in Multi’s, my target and focus of learning. I’m evaluating deals, ...
Ryan Alexander
Does this type of loan exist?
Hello BP! I have the opportunity to purchase a mixed-use building in my local town for 80k. It has two rented apartments on second floor, rented out storage in basement and ground floor is a vacant salon. My plan woul...
Jack Beach
Inherited small commercial lot, not sure what to do with it.
My father, two sisters and I have recently inherited a vacant small commercial lot (0.23ac) in Tennessee near a growing interstate exit and are not sure how to maximize cash flow with it. We currently rent it two mon...
Logan Freeman
Has anyone ever BRRRR'd a Commercial Property?
I am traditionally more comfortable with the BRRRR strategy in SFR's and small multifamily buildings and have successful at completing over 400 of those types of transactions for our investors, however; a new model ha...
Ross Benedict
Do I need an LLC when starting up a small real estate business as a second source of income
hi guys, quick question for anyone that can help me out. I'm currently beginning to dabble with the idea of buying and selling vacant land. As I already work this will start as more or less a hobby as I learn the rope...
Account Closed
Is it a Motel or an Apartment Building?
So this news story has been on the headlines over the past week or so. It has me scratching my head a little bit.What's the difference between a "Motel" and an "Apartment Building"?I think as investors, we all unders...
Chris McDaniel
How to verify income and job history for self employed tenant?
Ok, so I have this potential tenant who seems at first glance to have strong financials but he is self employed. He didn’t seem to have anything to hide, but when I asked for proof of income, he showed me a bank state...
Collin Ordonez
Beginner: Analyzing and Financing Small Mixed Use
Hi everyone! First post here on BiggerPockets. Currently I am house hacking a townhouse and I am looking into buying a multi family property for my next deal. I recently found a listing of a mixed use commercial build...
Katie Jewell
8 Unit Apartment Building Listed Incorrectly as Single Family
Has anyone run into a situation where they have seen or purchased a small apartment building that was listed incorrectly as a single family? It's been on the MLS for 139 days and the numbers look amazing. I'm just try...