Devin Berrian
Rehabbing a large 1910 2-family home
Hi all, I am soon to close on my first deal - a 2800 sf legal two-family home in the City of Poughkeepsie, NY. The basics:Build in 19103 BR 1 bath in each unithardwood floors are OK, need to be refinished but definite...
Sarah Taylor
Tips Specific to Wells Fargo or Hudson and Marshall REOs- newbie
Hi,We are looking at a property that is owned by Wells Fargo, so would appreciate any bank specific advice or tips. It's new to the market, but the listing agent seems to have all but washed their hands of the propert...
Rafael W.
How would you determine the value of a longtime vacant warehouse?
I’m looking at purchasing an 18,000 sq ft warehouse that’s been vacant for quite some time. I’m having trouble evaluating the price they’re asking since I have no recent comparables to determine the NOI since the prop...
Mike A.
Rehabbing a building with a dead elevator
We have acquired another building that is mixed use. It was an old law firm on the first floor, and the three floors above it are just empty office space. It also has an elevator that hasn't been working for decades....
Jak Dadi
Urgent question on Deposit
I had a potential tenant submit an application on 3/16. We approved their application on 3/19. They indicated they wanted to move in on April 1. We met on 3/23 and they gave a money order of $500 to hold the place. I ...
Luke Robertson
South Bend Area Newbie
I just recently started my journey into real estate investment and am currently in the education and planning phase. I am currently based in Granger, IN, own a SFD that I rent out, and am looking to add to that.Hopefu...
Brian Corbett
Seeking Advise with what I should be doing
I have always been a hands on/engineer type person, this is in my nature. I really enjoy getting my hands dirty and doing work. I'm starting to question to what extent I should continue to be hands on with my real est...
Haley Varner
Charles Village Baltimore 10 unit multifamily investment
I'm looking at doing my first real estate investment in Charles Village Baltimore. The property is a 7 unit 6,603 SF recently renovated brick 2-story. 100% leased with 5 1-brs, 1 2-br and 1 3-br. Annual rent at 80k...
Peter Korty
What goes into calculating the CapEx in a deal analysis?
Hi BP Community,
I'm a total newbie to real estate investment game and I've been analyzing a few deals. My question is, what do you all including as a CapEx in your deal analysis?
CapEx should include everything th...
Red Smith
New to the numbers - Opinion on Analysis
We are looking at a multifamily home in NE Wisconsin. Price recently dropped from 100k to 95k. My own CMA puts the property at 85-90k, so will probably offer a lower amount to feel out the bottom. However, we have do...