Hry guys ... Buying a property on paper in s city that is now developing new projects and apartment and then flipping it in a couple of years when it appreciates.... Too Risky or pass ??What would you do ??
Hey BP, does anybody have any idea of what could happen if someone purchased the old six flags and re-developed something similar in that area? Would property value increase a bunch? Just curious to what y'all think.
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $450,000
Cash invested: $450,000
Developing property into new three unit residential.
Looking for site surv...
We have continued to grow in the last 7 years with our Storage business. We are now up to 8 locations. Most are at 100% occupancy. 4 have land to expand, and we will next year. Focusing on our last locations 7 and...
Hello BP Community,
We have grown our portfolio quite a bit over the last few years starting from 4 units in 2018 to almost 50 without outside investment and in multiple states. I run the business and manage the PMs ...
Hi All,I am new to RE investing. We recently moved out of our first home in Lehi and bought two new properties in American Fork. One home is our primary residence (that we already live in) and the other is our first r...
Have been working on an SBA mixed use purchase for 90 days. After jumping through all the hoops appraisal came in at 75% of the contract price. Any experience with this type of happening? Wonder if there's any pers...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $230,000
Cash invested: $57,500
Sale price: $980,000
Property was new construction at time of purchase a...
Hello all,How would you evaluate a property that reported negative cash flow for the previous year? How do I determine an offer price? The property is located in a QOZ in a decent location that will see appreciation d...
So here is the situation:
Strategy: Long Term Hold 10+ years
Area: West End Area, Atlanta
# of Units: 6
Built in: 1960’s
Property Class = C
Property Status = Due Diligence Period...