First time investor here. I'm looking to buy a long term rental property about 1.5 hours away from where I live. I'm wanting to buy this summer, so about 2 months from now, and I'm trying to explore my financing optio...
Hello fellow BP members!The inventory of the market I am looking to invest in is pretty low. As a result, there is a great deal of cash buyers which makes it difficult for me to be competitive. This is one of the reas...
Have a great national tenant. Pays bills on time and takes care of commercial building. They spoke with AT&T and will cost $50k to run service to building. They are willing to pay it but wants added to rent.
If w...
I am highly encouraged by the response on my post:How I Made Over $1M On One DealSo I am posing this question to BP Nation, specially the newbie landlords here.What is the ONE question you want to ask a Millionaire La...
Savvy apartment Real Estate Investors know that the most common benchmark for measuring returns and gauging pricing for commercial real estate is the cap rate. The cap rate is the annual return that investors receive ...
Looking for some thoughts/advice. We're currently nearing the end of Due Diligence on a home & have uncovered a few issues that I consider pretty major & we're trying to get some concessions to bring the price...
Hi, I'm trying to figure out how much of a discount I should ask for if the expenses run higher than 50% of gross rent. For example 60% of gross rent... Does that mean I should walk away from the property or just c...
I have found a 5 trailer mobile home park in Georgia. Its an hour from where I live. Seller is asking for $199,900. She will not seller finance or owner finance. She told me she is selling because she just bought apar...
I just found a 1BR 1BA 650 SF Condo in my area that is a short sale for $100k. Did some digging and 2BR 1BA 850 SF units in the same place are selling for around $120-140k in the past year. HOA fees are $350 a month a...
Hi all, found a property I'm close to ready to moving on. Seller and I are about 4k apart in purchase price but I'm using their selling price for number eval:Neighborhood: C+/B-, I would live here if I needed to. Its ...