Alexander Szikla
Multifamily Market Heats Up: Cap Rates Rise, Investors Return
2 October 2024 | 1 reply
The multifamily real estate market is gaining momentum as we close out 2024, driven by easing financial conditions and attractive cap rates, according to Marcus & Millichap's Q3 report.Cap rates have surged to an average of 5.8% between July 2023 and June 2024, marking a 110-basis-point increase from 2022's low and the highest level since 2014.
David Haley
small multi family investor
23 September 2024 | 0 replies
Purchase price: $200,000 Cash invested: $80,000 one duplex owned, so far What made you interested in investing in this type of deal?
David Haley
Multi family investor
23 September 2024 | 0 replies
Purchase price: $200,000 Cash invested: $80,000 Duplex What made you interested in investing in this type of deal?
Jerad Graham
Aging Condos and Reservation Requirements
17 September 2024 | 12 replies
Is anyone looking to get into some of these condos and flip them?
Mike Galindo
New active member!
2 October 2024 | 6 replies
I have worked in commercial development for several years, and I've listened to a lot of the BP podcasts and read some forums in recent years.
Brock Cvijanovich
14 Unit multifamily conversion
3 October 2024 | 0 replies
Purchase price: $600,000 Cash invested: $100,000 Conversion of low income to workforce/ student housing.
Malik Javed
Special Depreciation Rules for Short-Term Rentals (STR) and Long-Term Rentals (LTR)
1 October 2024 | 1 reply
The most recent data show that record momentum continues for the residential rental industry especially for the short-term rental industry, with year-over-year bookings now exceeding pre-pandemic levels.The complexity of the problem hinges on the definitions of “short-term” versus “long-term” rentals for tax purposes.
Jeremy Huson
DSCR Loan for 15 units
18 September 2024 | 7 replies
Hi Everyone, I am looking at buying a 15 SFH portfolio in Detroit, I wanted to do a DSCR loan (total purchase $852k) but most I can find say 1 - 4 properties, all the numbers check out and make it very viable.
Riley Poppell
Your Friendly Realtor/Loan Officer/Insurance Agent
2 October 2024 | 2 replies
If I can be of benefit to you in any way don't hesitate to reach out to me.