Hey everyone. What do you guys do when an agent responds with a range of Cap Rates? Or does tell you something about the local market as an investor? I asked what the local cap rate is on similar buildings that rece...
Hello Guys,can you help with reviewing deal please?2 units - 1 bd, 1 bath; 2.5bd 1 bath4009-4011 Ivanhoe Ave,Norwood, OH 45212 Price219000Downpayment 25%54750Closing costs (3%)6570Fix10000Total cash needed71320Princi...
I hear on many podcasts that people wont entertain a property unless they can hit $250 of cashflow for the door. What do yall think and how do your properties cashflow
What kind of doors are required for an existing apartment building in Cleveland? I am talking about the individual unit doors that enter into the hallway. Building is 18 units, 3 story brick.
Hello BP, I have recently started my venture in wholesaling, and plan to work my way up to eventually owning and renting out apartment complexes/vacation condos, etc...
But for now, I'm 20 years old, broke, and have q...
Late Friday we closed 128 units in Knoxville, TN.
Deal Summary:-2005 Build-$69k per door-
Majority 2 beds with some 1’s&3’s-. Average rents are $700, and are going to go to $1,200. We own the property next door...
I have several questions as I try to finalize my analysis procedures.1. When analyzing a deal do you look at cash flow per unit after debt or cash on cash return? I ask because I've seen people saying they like $100...
After a triplex property fell through 2 months ago due to a low appraisal and zoning issues I quickly found this awesome off market deal. Here are the dirty details:
Purchase price: $145,000 (seller paid $2,2...
Hello BP,wanted to have your insight when you guys run your numbers and also how you adapt as interest rates are on the rise.I tend to follow @Brandon Turner numbers (100$/month/door & 12%CoC for apartments). And ...
I am looking at a 59 unit complex it was built in the 70's and it is in good shapeit is a class c complex I am talking to the bank (conventional comm. loan) he willgive is a 15year amortized loan with a 3 to 5 year ca...