Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Commercial Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 16 years ago,

Account Closed
  • Real Estate Investor
  • new york, NY
6
Votes |
127
Posts

NOI basics- experts please help

Account Closed
  • Real Estate Investor
  • new york, NY
Posted

ok im sure this has been discussed on here numerous times but I am looking at building a multi family portfolio in the NY/NJ area and Id like to know what Im looking for when I research the NOI and expense numbers on a property... is a 10% NOI on the price of a building a decent return after expenses? After taking the mortgage into consideration and only clearing maybe several hundred dollars a month for myself, does it take a reasonably large portfolio to build wealth in this game? Im young and would like to make a nice living now while setting myself up for a strong future... any suggestions/advice from the players would be appreciated

Loading replies...