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Looking in investing Multi Family property with 180 doors, there is no asking price, NOI is $1,200,000 (annually), Cap Rate is 5.8%.What should be a reasonable offer for this property?Please Advice
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Let's say we have our Gross Potential Rent and we add to it Utilities and Misc. Then we have to exclude Physical Vacancy and Economic Vacancy to get to our Gross Operating Income, right? 1. What info do you use for Ut...
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I often hear the phrase “you can always partner with someone who either has money or has skills in a deal when you don’t have both” on BP real estate podcast and other podcasts. This phrase is usually followed by a ce...
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Looking for input as I crunch some numbers. I'm new to commercial real estate and trying to learn as much as possible on how to evaluate a property's price/value. From what I've seen to get there is take NOI/Cap Rate ...
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Just got finished reading the chapter on setting up legal entities in the Tax Strategies for the Savvy Real Estate Investor. Are legal entities or LLCs needed when you acquire your first rental property or is this mo...
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Here's a slightly interesting one(I think). I've got a 5-unit building, and I recently installed a washer and dryer in a storage room that can be locked. I gave the option for all tenants to pay $15 extra a month for ...
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What type of entity would you recommend holding your properties in? LLC, partnership, other? I’ll be investing in single family homes and smaller multi family homes. This will be in Oklahoma. Thanks
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Hi All,So might be a stupid question but here goes... What is the best way to categorize expenses that are for your overall business operation when you have several properties? For example say I purchase a printer, st...
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I have properties in my personal name with conventional financing. A few of them have conventional mortgages so I am well under my limit. I am in the process of purchasing a 4plex cash and was planning to use an ...
Newbie investor here trying to purchase my first property. I'm curious as to how it would look like when finding other private lenders/investors to fund the cash to purchase the property? Is it just as simple as writi...