Story like yours are what keep most of us newbies driven and hopefully experienced REI in the futer .

@Glasford Barnaby Jr. for offers on multis it really is driven by the numbers.

Besides emphasizing that we are numbers driven investors, is there anything else we should be looking for in a commercial realtor?

CAP Rate should be a reflection of all related expenses and income one could be exposed to on an asset regardless of the existing situation or arrangement.Therefore, the following breakdown is always considered:GOI (All existing revenues generated from the Asset - NOT Pro-Forma)- Vacancy Rate / Concessions (Local Market Driven)- Property Management Rate (Local Market Driven)EGI (GOI minus Vac/PM)::break::Expenses (All existing / historic normally occurring and certain projections)- Utilities - Property Taxes- Property Insurance- Maintenance Reserve Account (normal wear and tear)- CapEx / Reserve Account (life limited replacement items) - Legal Expenses (CPA, Attorney, Tax Reconciliation, etc.)- CAM (Common Area Maintenance items like yard care, snow removal, parking pavement, exterior amenities, etc.)- Payroll and G&A Expenses- Advertising Expenses- Any other expenses related to the Operation of the Asset not covered above EXCEPT Debt Service, Depreciation, Income Taxes and Specific Tenant ImprovementsNOI (EGI Minus all Operating Expenses)::break::Now you can calculate your existing CAP rateYou can also set up another file for value added opportunities that would contain Potential EGI and Potential Expenses which then would give you a Value Add potential CAP RateTo derive your NCF, subtract your Debt Service from the NOI.Hope that helps!

Hi all,Potential motivated seller but I am not sure if I am looking at this situation correctly.Property A - the seller want to sell for $339kProperty B - the owner/seller of Property A is in foreclosure and needs the contract $339k on Prop A to stop foreclosure and eventually move into Property B.The $339k is decent for the neighborhood but not slam dunk investor's price.

I am new to real estate investing in Hawaii (Oahu), but I have high hopes as I am driven and ambitious.

We've driven around and found a few properties to pusue and we are about to send our first mailing.you have to just do it.I am looking forward to your updates.

I've driven this route almost daily for 12 years now and have seen significant improvements and signs of more to come including new builds.

Highly driven by the military there.

Originally posted by @Alexander A.