Hi BP community, I'm currently in the inspection period on a small multifamily property, and i'm finding that many of the leases are on a month to month basis, some don't have security deposits, and one tenant is actu...
We purchased a duplex that we are living in so we qualified for a WHEDA loan for only 5% down because it’s owner occupied. We have now found another property(4plex) that we’d like to owner occupy again getting a FHA l...
I am building an ADU on my property and need to know the total square footage of the property. It seems straight forward, but it's a complicated measurement. Length x Width = Area right? It's not that easy unfortunat...
All,
Looking for GC recommendations in Houston as I’ve started to make some offers on flooded homes. Also, what are you guys seeing on rehab costs (any inflation), lead times on crews etc. Just starting to throw my h...
I'm 21, and wanting to get in the real estate world here in middle tn. I found a nice condo off of a well known lake, 2bd, 1.5 baths, 2 living rooms. With all expenses accounted for at 900 and considering I would char...
I am debating if I want to offer rent to own on a single family house or if I want to just rent it out. What are the pros/ cons of each?
Good day BP! I recently came across 26 units (22 one bedroom unit + 4 three -1 bedroom & 1- 3 bedroom) The seller is asking for $1,250,000 and I offer $1,040,000 after underwriting the financials. Seller countered...
A friend of mine has 1 business, 3 locations. I have been managing them for 3 years now. She is wanting me to purchase two of them, by assuming the payments at the bank without changing the information at the bank. ...
What is the market cap rate for 5-10 or so unit properties in Portland right now? Specifically SE Portland.
Thank you.
I am interested in purchasing notes, however, have concerns about being able to accurately value the property attached to a given note- the collateral. As a former real estate agent who has completed BPO's, I underst...