I am looking to purchase a first home to live in but am approaching it with the intent of turning the property in to a rental property down the road. I'm running the numbers on a number of properties and am finding m...
I am looking to buy 3-5 multi family properties with a 10-12 year plan. I will be out of town most of the time and was thinking more along an A class property in a good area with 50% financing. I am very busy runni...
Has anyone had success investing in South Florida? I found it funny ready "The Book on Rental Property Investing," hearing @Brandon Turner use $100,000 as an example price of a Multifamily property. LOL. I live in a 2...
Just to clarify, is the cap rate based on the purchase price divided by the net operating income or is it the purchase price + Closing Costs + initial cost needed to get property in rental/sellable condition?
For exa...
I have been on the prowl for a good NNN strip...or maybe one that isn't NNN. So far, abysmal results.1. One listed on Loopnet...huge vacancy, price/SF pretty low, wondered about the possibility to turning it around. A...
So I've found that its difficult to evaluate multies in my area using the 2% rule, because everything is is priced much higher.
So my question is does anyone have experience in massachusetts with using market...
Hi there! I have been offered a deal at a 6 cap - $52,000 NNN rent (tenant pays property tax, insurance, utilities, maintenance). This is for a stabilized treatment center in the Northeast. What is the best way to und...
Looking at an 18-Unit Garden Apartment class-C complex on the outskirts of Charlotte, NC. I have not looked in any of the units. Owner states all 18 have been redone.Asking $2.49MM (5.236 Cap Rate)Been on the market f...
First time MFR investor. What sort of cap rates can one expect for multi family - say 8-12 unit - apartment blocks in East Austin? Specifically I’m looking at MLK and Mueller. I am sure rental yields are low given the...
Does anybody know the approximate Cap Rate in Des Moines for a 20-40 unit apartment building?