Adam Craig
How soon can I refinance a commercial building?
I am looking to purchase a historic house converted to a 4 unit office building right in great trendy downtown area - I would be converting it to 6 spaces and using one space for my own business. The price is 275K.
I...
Jason Malabute
historic absorption, forecast absorption, and year to balance
When doing market research, what does historic absorption, forecast absorption, and year to balance mean when selecting. a market? Thank you.
Steven Drumwright
Rebuilding burned property on same foundation?
Hey guys just looking to get some insight on a deal I am considering. New investor looking to do it right the first time. I have a lead on a lot in a well established residential neighborhood. This lot includes a foun...
Account Closed
Buy and Hold Property 1 - 4 Unit Property / First Investment
Hello,I have recently decided that I want to purchase a 2 to 4 unit multi-family property either in and around the Madison, WI MSA or within a 30 minute drive from the City.This acquisition would be my first direct re...
Keegan Darby
Determining monthly rent rates for duplex in Coolidge, Arizona
We are under contract on a MFH in Coolidge, Arizona. Each unit is 2/1 and has window a/c units (no central HVAC). They look nice inside.It's been difficult to find data on comparable monthly rent rates. Two questions:...
AJ Satcher
Taxes Doubled On Property - Has Anyone Gone Trough the Appeals Process?
Hey BP Community!So I got hit with a triple whammy on taxes. I bought a house-hack last summer in which the sellers made significant improvement to the property. The tax assessment last year was based on the home's pr...
Moises R Cosme
Flips: Rules for Making Money
This post is a simple rundown of our thought process for evaluating opportunities. I will describe the rules we apply; explain why they are important and how we apply them. It is important to note that these rules h...
Pete Abilla
Refinancing single family rental portfolio
Suppose I own a medium sized single family rental portfolio and I’ll be ready to refinance it in 2 years. I’m hearing conflicting reports:1- refinancing a single family rental portfolio will follow the retail comparab...
Alex Fenske
November 2023 Housing Market Update (Northeast IL MLS)
November 2023 Housing Market Update: No inventory growth in sight despite high mortgage rates_____________________________________________________________Supply – record lows and falling- There were 10% fewer homes li...
Leslie Hsia
Understanding the Different Returns & How/When to Use Them
I'd like to understand when and how different values of return should be utilized and interpreted. After much reading, I have come up with the following (excluding COC and Cap Rate for this discussion, since I believe...