When you estimate expense on an apartment building, I know it's recommended to go with 50% of the gross income. But what about areas where rents are very high? What's the best way to be accurate and conservative at th...
Hello all, I've started looking at some local self storage businesses for sale and would like some tips from all you expeirenced investors out there. What pointers do you have when I review any self storage business f...
My wife and I own a 3 family home in the town of Lancaster, Massachusetts. We got an appraised value last year in November of 320k while we were living in one of the units. We currently rent the 3 units for a total o...
I have a question regarding the 50% rule. I am looking at buying a three flat and I want advice about how to run the numbers on this building.
I understand that the 50% rule is a very good conservative way to evalua...
Hello BP Nation,Has anyone bought a vacant assisted living facility with licensing in place?Story: Seller is retiring and wants to sell all her assets and I'm working with a private investor to underwrite 5 lucrative ...
Hi,I'm a new real estate investor looking for info and advice on valuating apartment buildings. What's the best approach? Analyzing cap rate? Gross rent multiplier? Price per unit? Price per square foot?....is one bet...
Hey guys! Sorry if this is naive but I figured this is the place to ask my "stupid" questions. How often would you say the "50% rule" of expenses applies in real life?
For example, how many years say in 10 ...
I’m a new investor in the St. Louis area but haven’t bought my first property yet. I’m looking mainly in the South City area for a multi-family, cash flow property. My biggest concern is that almost all the properties...
REF 13030-P1
The seller wants to unload (34) houses and (5) parcels of land.
The seller owns the properties free and clear.
I don't have the money to buy all these and then fix them all up...