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Hello all,
Here is my problem for you smart people at BP. I am about to close on a apartment building. Here are some of the detail. Price=$475,000 Income=115838/yr. It appraised for 485k. The expense is 55360. Cash...
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My long-term tenant switched to a new insurance company for his business, which is in my very old building. The new insurance company wants electrical and plumbing inspected and updated if needed. This is the first ti...
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I'm brand new, this is my first post. I'm an investment advisor in the midwest and have a good friend who is a builder. He came to me with an opportunity that I wanted an extra opinion on. I run numbers all day and...
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I'm fairly new to investing: I have a duplex and currently working on a small sub-development in my area. My realtor has told me about an 8 unit apartment building that will be coming up for sale in the early summer...
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Greetings.A non-profit has offered a land swap for a residential property I own. My lot is vacant, in a depressed area. I've considered building and renting single or multifamily, but do not currently have the resourc...
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I want to put an addition on my home - I want more living space for my family and to change the look of my home.I am also looking to become a real estate investor. Is it an ok strategy to build the home addition, wh...
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Does anyone have expierence renting out commercial space on a daily, hourly, or weekly basis? I own a 1000 sq ft storefront and am considering renting it out for educational/wellness classes, a weekend flea market, ma...
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To achieve your objectives and safeguard your assets, you must organize your real estate company properly. My personal experiences have taught me a few things that might help you accomplish this.
A Limited Liability ...
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I bought a brick 4 unit building at the Detroit Tax auction last year for nearly nothing. It's basically blight. It's in Mexicantown just west of Livernois near W Vernor. Around Cadet, Military, Infantry...
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I'm a bit confused as to what type of loan I should be looking for.
The project: I'm purchasing a small plot of land, building a home on it (I already have a contractor lined up and he's given me a bid), and then se...