4 March 2022 | 2 replies
No one knows you as well as you do, and we all have a unique path.
13 March 2022 | 7 replies
I've got an offer accepted to buy a 21-room single story motel in rural Wisconsin. It is currently used as a motel, with some rooms rented 30 days as transitional housing. 2021 financials and our business plan show ve...
5 March 2022 | 2 replies
I'm fairly new to BiggerPockets, so apologies if this has been answered before or if the answer is simply "Read everything here".Basically, I want to start out in real estate investing and am looking for recommendations on good foundational resources (particularly books, because I'm old school) that might be tailored to what I think may be a unique situation.
9 March 2022 | 8 replies
You may also want to look at something more rural and unique but those can be harder to manage.
10 March 2022 | 5 replies
Hello @Christopher BatistaI generally advise, and personally use the State's promulgated contract 90% of the time, even though it appears to be more complex (it isn't....almost all of the boxes are filled or checked in the same manner every deal, with relatively few unique entries required.).Why?
17 March 2022 | 14 replies
Are there mini-split installers in your area that can work up high on your buildings top floors.What about heat and hot water, how will that be handled.Can the buildings existing plumbing and the line(s) to the main street waste line handle the bathrooms and kitchen sinks (1952 lines might be cloggy and an endless source of complaint) have sewer scopes been done to see what they look like.Will you be required to put in fire escapes (as well as other modern fire equipment)--has that been budgeted for.Have you talked about tax abatments yet with the governing authority.Does the area show a shortage of apartments, or will it take a long time to fill units when they turn over.Hows the roof (and the real roof underneath--the wooden one), how many layers of roofing are on it, how many can be on it and still get financing.Does it have some unique history, ie. did Frank Sinatra always stay there, people think its haunted, once owned by the Beatles, etc..Who was the last Hotel Chain to Flag it and why did they shut it down (Legionaries Disease, poor economy, expensive structural issues, etc...)Just my 2 cents.
9 March 2022 | 9 replies
Metrics are industry averages compiled from multiple sources as each are unique asset classes.
9 March 2022 | 1 reply
Hello friends, I'm curious as to what a small business loan can be used for when it comes to unique real estate investments...
10 March 2022 | 0 replies
I'm in the process of building a detached ADU on my property in order to Airbnb it and having difficulty securing financing, due to the unique situation of my life at the moment.
11 March 2022 | 6 replies
Needing some tips and options that could be explored in my unique situation.