I am interested in a building with 3 comercial spaces, and 30 appartment units on top (around 34K sqft). The building needs a full rehab. It looks structurally sound in the outside, but it has holes in the roof, floor...
1. How can I improve my accuracy at assessing rehab costs?I have an engineering background, but know little about estimating.2. What permits or licenses should I consider when doing my own rehab work?I know its varies...
Hi, I've moved out of state and turned my previously self-managed rental in Highlandown into a property managed rental after the tenants moved out. As part of the process for getting a new tenant, they sent a contract...
I am considering buying a townhome with either the goal being to rent it out to a family or renting it room by room. How do you go about figuring out which would be more profitable/in-demand? With renting out the whol...
I am talking to a potential seller who has approx. 20 units in the form of small multi family dwellings (duplexes to quads). With failing management and poor returns he wants to sell but doesn't want to pay taxes on ...
What tips do you have to make your tenant not destroy things or help them able to pay their rent? For instance when I buy a new rental I:
1. Remove anything that is hanging.
2. Take down all curtain rods and replace...
Hello BP members,I just bought a condo in Colorado at a US Treasury Auction. I would be interested in any feedback on any personal experience regarding closing with the US government. Is title insurance necessary?The...
I've had great success with both a 6-unit and 14-unit value-add multifamily deals in Long Beach, CA. With the continuing regulatory jungle of California, I'm looking to other commercial RE asset classes, in California...
Hi everybody, I am from Texas. I started a 2 year Rental agreement last year. I verbally told the tenant if he keeps up with his payments I will reconsider his rent (rookie mistake) and offer a discount for the 2nd ye...
I have a SFH with three non-family tenants. I am requiring rental insurance for the first time this year - $1MM liability and me listed as an additional insured.Question: If two tenants got rental insurance for $1MM e...