Amber Saulsbury
What CAP rates are you seeing in your market for multifamily
15 August 2019 | 112 replies
@Amber Saulsbury @Irina Belkofer is correct in laying the CAP rate formula, as I read in one post above where they included the financing expense which SHOULD NOT be included when calculating the CAP rate.Anyways, here in El Paso, Texas I can buy a multi family (8 unit or over) C- building with a CAP of 8% - 9%, Most investors settle for that, but my value play strategy is, I come in and rehab the units, add individual water meters and charge it back to the tenants, sign 12 months leases, raise rents, swap washing machines for coin-operated machines, you get the idea, anything that helps me reduce the expenses.
George Sabino
New Member from Chi-Town!
23 November 2015 | 21 replies
Tellers are being replaced by advanced ATM machines at Chase.
Kay Ferdous
Question for flippers..Frozen house
3 January 2018 | 2 replies
If it's a hard freeze like we've had here upstate you can write off the plumbing & HW tank.If it has a dishwasher or washing machine the respective pumps are probably shot.If it has a Boiler there's a good chance that it & any ancillary piping is also damaged.
Josh Oaten
Can someone please explain note investing!
13 February 2017 | 20 replies
Note Buying Cash machine podcast.
Kiraat Boukhari
Real Estate CRM software
16 September 2021 | 23 replies
And deal machine is used mostly for driving for dollars
Vince Futia
Student Housing Upgrades
9 February 2018 | 4 replies
In one of my rentals i have coin laundry machine ( you can get card ones as well ) but i also have a change machine right next to them so that they can get coins, i will be adding that convenience to another one shortly.
Dee Bral
How do you control or treat odors between STR guests for quick turnovers?
7 February 2023 | 27 replies
I ran an ozone machine for 12 hours in a two-bedroom apartment.
Vijaianand Thirunageswaram
Texas Winter Storm - Landlord & Investors Experience
6 May 2021 | 6 replies
Just some minor issue with a washing machine hose leaking at our apartments, it caused some minor damage to our laundry room.We had one house that was vacant at the time.
Jerryll Noorden
There Is No Method That Can Target Motivated Sellers! None!
7 November 2022 | 29 replies
-A From my understanding of Machine Learning...Cognitively, it is lacking compared to the human mind.
Brian Adams
I quit my CPA Job to buy Large Apartment Buildings
24 October 2022 | 390 replies
See when you rent out SFH's, you usually can only charge rent.But for multi's, you can create additional income streams, like adding a laundry room, charging for covered parking, installing vending machines, storage, etc.You might know this, but the value of a multi is determined by the NOI (net operating income).