![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1645351/small_1709929516-avatar-francisn15.jpg?twic=v1/output=image&v=2)
4 January 2022 | 0 replies
It was a very rough first project, I would suggest not starting with something as complex.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2344895/small_1641309115-avatar-jacobm601.jpg?twic=v1/output=image&v=2)
6 January 2022 | 10 replies
This Aug of 2022 will be 3 years we have owned the complex.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/191567/small_1694710978-avatar-ceddie80.jpg?twic=v1/output=image&v=2)
6 January 2022 | 11 replies
Are these small MFs like duplexes or are they in apartment complexes ?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2342580/small_1694814503-avatar-yadirag3.jpg?twic=v1/output=image&v=2)
7 January 2022 | 4 replies
@Yadira Gutierrez check out Rabbu for free data, and if you want to go more in-depth look into Airdna's market reports.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2307732/small_1638105060-avatar-kylemiranda.jpg?twic=v1/output=image&v=2)
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.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2001921/small_1621517401-avatar-dam7.jpg?twic=v1/output=image&v=2)
4 January 2022 | 1 reply
Adding a person adds complexity.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1510807/small_1640053682-avatar-aaronp178.jpg?twic=v1/output=image&v=2)
5 January 2022 | 6 replies
A duplex is a multifamily property, as is a 600 unit apartment complex.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2345977/small_1694940764-avatar-zacha93.jpg?twic=v1/output=image&v=2)
20 January 2022 | 4 replies
At my day job we consult with c-suit executives of retail, restaurant and location based entertainment clients using proprietary data licenses to help them determine the best location for opening new stores, analyzing can cannibalization of existing stores, competitive analysis and more.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2337680/small_1640799843-avatar-bruceh104.jpg?twic=v1/output=image&v=2)
5 January 2022 | 3 replies
All markets you list will still be cities with populations forever, and your exit will be to a resident in that market, so population growth/decline, employment drivers, etc are of less concern relative to a large, institutional sized apartment complex.
5 January 2022 | 2 replies
I have been reading that in order to contact a tenants previous landlord, especially when it involves reaching out to a large property management company/apartment complexes that they will sometimes ask for a tenant release of information consent form.