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.
Real Estate Deal Analysis & Advice
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 5 years ago,

User Stats

11
Posts
3
Votes
Kaleb Wright
  • Real Estate Agent
  • Tulsa, OK
3
Votes |
11
Posts

Am I too new for a potential deal?

Kaleb Wright
  • Real Estate Agent
  • Tulsa, OK
Posted

I am brand new. Like weeks. I’m still in the informational stage I feel like but I just come across a package deal for to single family homes with renters already in place in both. I ran the numbers and there the cap rate is 12 and the the gross monthly is a bit more than one percent of asking price. I need to look at the expenses a bit closer but there is upside for a garage apartment in one of the units which would add another stream of revenue. Also I think there could be some owner financing options. Can anyone give me thoughts? What questions should I be asking that I am not? What numbers should I be running that I have not? THANKS!

Loading replies...