I know there is a lot of discussion on house hacking on BP and it can be a great strategy, but renting out a house that was purchased as a primary residence is a good way to go broke. I've recently gotten a phone call...
Hi, I would like a HELOC on my primary residence. However, my primary residence is in a historic district and is zoned commercial. I was able to obtain a residential mortgage on it years ago, because it was a 203k a...
Let's test the waters here. I'm looking at a mom and pop cafe that has a cap rate of 8%. It's a first floor retail condo in a downtown D.C., but in the neighborhood section not the business district where offices ar...
Let's say a Single Family Home was bought for $100k and rents for $1000 (GMR = 100)a month. If I am able to get $1,200 a month, wouldn't that raise the value of the home to $120k , using the same multiplier?I have hea...
Hello BP Family!I've been educating myself on investing in a distressed condo community in an Atlanta suburb called Lithonia. Lithonia, GA 30038. Is there a good way to create a solid comp by setting the standard for ...
I'd like to get on some of these lists. To be clear, I don't want to buy the names on the email list. I want to get on the list myself as a potential purchaser & be notified whenever the flipper has finished the...
Any one have experience with mixed-use developments or redevelopments of office or retail space?
We are looking to redevelop vacant/partially leased shopping centers into a mix of apartments, retail, restaurants and...
Hi there, We're subdividing our primary residence into a 4-unit multifamily, which is allowed under our zoning and terms of our mortgage. However, we live in a tiny town (not Denver but town is in Colorado) and our pr...
BP,I was hoping someone could answer a quick question for me. I have a large multifamily rental portfolio. Let's say I wanted to sell one of my 8 units and exchange those funds in a 1031 into a vacation home/rental (m...
Hello Everyone!! I am a lifetime resident of Southeast Texas and a full time Real Estate Manager of a 121,000+ sq ft Retail Shopping Center. I also manage several single family residences for owners in the area. My ...