Kelly McCormack
STR/Vacation Home in NC Mountains
HI BP,My husband and I are seriously looking into purchasing a STR and vacation home in the North Carolina mountain area. We currently live about 4.5-5.5 hours away depending on where we purchase the property, so we w...
Davit Gharibyan
Multifamily Property Valuation
Hi fellow investors. I was evaluating a 88 unit complex and based on T12 financials it runs 69% expense ratio. Based on the actuals it is worth $4.2mm.Now the property doesn't have a listed price and they are looking ...
Marina Flu
Advise on a 4 plex (first investment)
Hi everybody, I'm hoping to get some advice on a 4 plex that I'm considering.It is located in a C- (do not go there at night neighborhood) of Los Angeles. All units are 2 bed 1 bath. The property has been maintained...
Gary McKissick
Newbie trying to figure out deal analysis
Hey everyone,
I have spent the last year or so reading all the real estate material I can, continue reading and listening to the podcasts on here, but I'm trying to figure out my next move. Trying to invest i...
Nathan Buck
Offer accepted on first STR… Now what?
After years of analysis paralysis and watching from the sidelines, we finally had an offer accepted on our first STR property in the mountains of Vermont. Now what? We have a little bit of time before closing, assumi...
Michael Hooper
Too Big Of A Jump To Apartments?
I bought my first house in cash back in 2011. I moved out in 2014 and rented it up until last month, then sold it. The property sold for double what I paid for it, so i'm sitting on about 150K in cash. I'm wanting to ...
Chris Feltus
Cash Flow: Calculation [Picture]
I know some of the below variables vary depending on your geography, but here in Texas DFW area the estimates for property taxes, insurance and holding costs are fairly accurate.
I would appreciate more experienced ...
Julie McCoy
5-Plex in Florida Analysis & Input
Hey all! I may have stumbled across a deal in my hometown in Florida this holiday season and am interested in this group's thoughts. My background: I currently own two STRs that I manage long-distance, and am intere...
Rory Boone
What am I missing here. Multi Unit Property
Here's the deal. I have 4 Unit Property I bought back in Dec of 2012 located in lower income area ( not a war zone) in the South Suburbs of Illinois very close to Chicago. Most flippers are not buying properties in th...
Chauncy Gray
Property Management Expenses
Hello,
I want to address the following questions to investors who have hired property managers in the past.
1. I have heard that property managers charge fees for handling a property that goes vacant. May I ask as ...