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14 October 2024 | 22 replies
If you are focused on getting multiple assets at once, consider this:1. you really don't have enough available capital to do this safely right now and you will buy cash flow properties with cap ex which you will need reserves for2. you need $15-20k in reserves for each property you buy so factor that in3. when you try to buy multiple properties to start, you end up missing the mark on your first one because you are collecting and not curating your portfolio
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10 October 2024 | 24 replies
Well I have a buyer who is looking for 30-70 units class b, 10% cap rate, 90% occupied.
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10 October 2024 | 16 replies
The rental cap rate is 7%, but I have learned a lot.
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9 October 2024 | 312 replies
When does the rate cap expire?
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10 October 2024 | 7 replies
If you’ve owned it for a few years there a cap on the amount they can increase the taxable value, I believe it’s 15% excluding improvements to the property.
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10 October 2024 | 6 replies
The cap rate on this property is just over 7%, leaving plenty of meat on the bone for any investor!
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14 October 2024 | 24 replies
Typically in company's 401K plan, there's a large-cap index fund option that more or less tracks SP500's performance.
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11 October 2024 | 14 replies
I agree with everyone on house hacking as a much smarter first purchase because you will get landlord experience and learn to understand cap ex.
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10 October 2024 | 10 replies
You’ll want to understand key metrics like cash-on-cash return and cap rates to evaluate deals properly.For flips, it’s all about finding properties where you can add value through renovations and sell for a profit.
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11 October 2024 | 7 replies
PS: You also hurt my feelings with the caps lock.