Nancy Curran
Dilemma: Should I let commercial tenant expand?
6 unit, 1 commercial space, 5 apartments. 3 units in front, 3 in back. The commercial space is rented to a restaurant on the first floor. Owner of restaurant wants to break through to the apartment in the back of his ...
Willis Seng
Need help on my commercial property!
Ok, well... I have a liquor store and someone offered me $890,000 with inventory and everything. I also had another broker that said that he could sell the business ONLY for $500,000 which I can possibly rent out for...
Zoran M.
Dance Floor. Lets Work! Renting to College Kids
I'll preface this by saying I'm 27, so just a "few" years removed from college. My wife and I own/operate a few properties that we rent to the students of our Alma Mater. We’ve heard plenty of landlord horror stories...
Joseph Stewart
Gas station / convenience store / liquor store due diligence
Hello! I am close to putting a gas station / convenience store / liquor store under contract. $8M asking price, $3M to business, $5M to the real estate. The sellers are requesting what I consider an unusually short...
Matthew Raby
Income Producing Commercial Property Loan
Dear esteemed members of the BP forum,
After conducting thorough research, I have come across a property that has captured my keen interest. With this in mind, I am in search of lenders or investors who would be will...
J Scott
Pass Drug Test to Get Welfare?
At least for benefits under a specific bill...seems like a good idea:
http://thehill.com/blogs/blog-briefing-room/news/103357-hatch-wants-drug-tests-for-recipients-of-federal-benefits
Account Closed
Not My First Flip - But Maybe My Messiest
I came across this beaut and took the challenge. It was a property I took Subject To in WA that I helped the sellers with and they love me for it. They had it on the market for 6 months and the realtor had given up. W...
Danny Maller
What to do about groups of people loitering around my building?
I'm a month into house hacking my 3 unit and I can't get people to rent because of the crowd of random people hanging out on the side walk between my place and the liquor store just north of me. I never saw anyone out...
Andrew Kremski
Composing RFP for 6M private note on industrial cannabis facility
I’m looking for advice, direction, examples on composing a RFP for the refi of this note.This deal is a 500,000sqft industrial facility in Michigan, purchased by owner finance. Currently owe 3.5M on the property.After...
James Cecere
Mult-family Unit in Gentrifying Neighborhood
Investment Info:
Large multi-family (5+ units) buy & hold investment in Philadelphia.
Purchase price: $795,000
Cash invested: $60,000
6 Unit building in an up and coming area; existing renters an...