Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Kyle Woodruff CAP RATES for evaluating a properties value
4 January 2022 | 5 replies
If I put the two bed 1 bath rents for 800 that is 2400 for those ...the studio I am adding will be another 650 So 3150 for apartments ..With 13 storage units at 55 that is 715 a month but I am adding a larger 14th unit that I will rent for 150 but let's say 100 bringing the total to 815 for storage So 3150+815 =3965In a cap rate appraisal you exclude the mortgage, tax, insurance and cap Ex So expenses are ..Heat 200Water 75Trash 75Landscape/snow 75Repairs 120Vacancy 120Miscellaneous 200That's 865 in expenses but let's say 900So 3965-900= 3065 in profit (noi) x12 months in a year=36780You divide that by the market cap rate..which I am going to use the most recent data of 7.45%36780÷0.0745=493,691can't be right.
Aaron Palao Can you start inventing in MF without a sponsor?
5 January 2022 | 6 replies
@Aaron Palao You'll generally need a net worth that's equivalent to or greater than the loan amount, liquidity that's equivalent to  or greater than 10-20% of the loan amount, and experience on similar sized deals. 
Carine Operio What is better? SFR or Multifamily?
12 January 2022 | 2 replies
Larger operation expensesIn the ideal situation, a multifamily unit in a nice area that has a high renter population would be great.
Xavier Marin Looking for Hotel/Motel/Multifamily in CA, AL, TN and FL
5 January 2022 | 5 replies
They sound small, so it's likely that there aren't brokers focused only on them, but rather will be covered by brokers in nearby larger cities, especially since you are talking about commercial properties like hotels and multifamily, and these tend not to be handled by your local residential brokers.  
Bruce Horner Pay the extra or settle?
5 January 2022 | 3 replies
When I say this I mean that if you are restricted by capital that keeps you. below the 100k mark then you really don't have much of a choice, however if you have more liquidity that is possible to use then you could go int it with the goal to find something under the 100k mark and still be open to higher priced deals that may have other upside like appreciation and overall area development that increases the price of the home over time- (capitalizing on gains that may not be received by buying in An area that is lower entry but provides great CoC return/ cashflow only as opposed to larger appreciation in addition to okay cash flow.)
Joseph Schults Mobile Home Park investing in Florida
10 January 2022 | 2 replies
I am partnering with an investor that is looking for larger parks.
AJ Satcher What sources are investors looking at to find good deals?
6 January 2022 | 4 replies
One thing you want to look for is uneven multis, meaning one small unit and one large unit so you can live in the small unit and cash flow on a larger unit.
Chad Haskin Self Storage buy and hold value add.
5 January 2022 | 1 reply
It is very analytical and really for larger deals than what I'm looking at but may be good for you. 
Hannah S. Using Student Loans to Invest
5 January 2022 | 0 replies
I am planning to live in it for about another year afterwards and then use it as a rental after moving to a larger city for more career opportunities.
Larry Rogers Whats the usual property management % for small strip center?
12 January 2022 | 4 replies
Larry, I have a few office and retail strip properties in a different state, but I'm currently paying 4% (of gross income) for buildings larger than 25k square feet and 5% for the smaller buildings.