Peyton LaBarbera
Question about cap rates
26 February 2024 | 15 replies
I saw a listing for a 15-unit apartment building that is for sale and the property has a 5.3 cap rate, this isn't the issue.The issue is in the listing description the agent said the building could have rent growth potential based on the rising rent prices in the area which she said would bring the property to a 6.6 capNow my question is why would I buy a property for 2.5 million when with this new expected cap rate the property would tank to just under 2 millionNOI is roughly 132,000 and most units are in pretty good shapeAnother note is the average cap rate in the area the property is located in is a 6.4 cap
Pragnesh Patel
First Industrial Investment
26 February 2024 | 0 replies
Immediately filed tax appeal based on the closing price, won and reduced the property tax.
William Burns
Section 8 Rentals
27 February 2024 | 11 replies
yes they allow rent adjustments from year-to-year based on the avg rental pricing for the area, but keep in mind there will be a maximum.
Tania Kenner
$12,000 to Replace a Sewer Line... too expensive?
26 February 2024 | 12 replies
It's funny, you can now tell exactly which houses will be coming up for sale based on the triangle patch job in the street from the repair.
Nicholas Roser
Relocating to North Dallas Suburbs
27 February 2024 | 6 replies
They can provide insights specific to the Dallas market and help you make informed decisions based on your unique situation.
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
27 February 2024 | 2053 replies
He advised me to file based on the accrual method?
Jonah Kaplan
Are brokers, agents, or investors using AI?
26 February 2024 | 4 replies
Then we will build a prototype based on that feedback and then invite testers for more feedback.
Karina Lucid
WealthFactory or Wealthability
28 February 2024 | 13 replies
FYI we've changed our approach entirely and have lower fee initial entry points to avoid the challenges of long term project based arrangements so we can catch issues much sooner.
Rami Bakry
Hey all from a new member
26 February 2024 | 1 reply
just wanted to say Hi to all of you, I'm based in Dubai and have my rental property running beside my employment job (still not retired).I'm available for any inquiry about Real estate market in Dubai as a friend.
Gabriel Jordan
How do I calculate the numbers with a loan assumption?
26 February 2024 | 2 replies
The estimate is that the house is worth about 160-170k based on comps.