Couldn't find a place to put this post, so I thought I would stick with Commercial since we do Self Storage and this is one of the benefits of being in Self Storage.Will take you through our Belize adventure ( its an ...
Hi BP Community,I recently read in an article that Cleveland, OH, is one of the few remaining cities with affordable housing. To those who have invested in real estate here, what's your opinion on the Cleveland market...
If you had the chance to invest in your first property, would you choose a single-family home or a multifamily property? I’ve heard arguments for both, but I’m curious—what’s your preference, and why?
Hello,There is a SFR on the market (1200 sqft, 3b/2ba). Sale price is $78K but the seller wants to finance the deal, requiring 5% down and $850/month for 20 years. This translates into $204K over the life, in additi...
these old houses with the 100 yr old fireplaces that have not work in 50 years, do they really add value? Or is that just what people tell themselves to get out of removing them?I am totally new to doing work in these...
Amazing how many deals get lost because of poor training, education, and simple Math . Most investors go into a deal worrying about the price and cap rate. Lets share an example here: These deal may still be available...
Hello, maybe someone can make this more clear for me. I used to think that as long as the interest rate of an mortgage is less than the cap rate of the investment, the investor is guaranteed to make positive cash flow...
I'm second guessing some answers my CPA gave me recently and wanted to run the following questions by others who specialize in real estate accounting. Thanks so much for your time!We purchased a house, listed it for ...
Hello Everyone,
I am interested in submitting an offer to a seller I spoke to about a week back regarding a property he has for sale. I consider this to be a marginable deal at best, but given the right accepted off...
Hi, my husband and I recently became landlords after a new job took us out of state. Long story short, we wound up with only about a month to decide to move, rent out our condo, and move out of state. Thankfully we fo...