Joe Munoz
Cape Coral Duplex Purchase
Looking at multifamily in the Cape Coral area, as well as South Florida. I'm new to the forums so if this post is in the wrong area I apologize.
Just wanted to get an overall feel for investments in the Cape if an...
Kamil Maras
South West Florida Cap Rate
I received some advise from my banker today. I though I'll share it here and maybe get some feedback. I have asked him what cap rate to use when putting offers in on 5+ units multifamily in the Cape Coral, Fort Myer...
Bryan Sandera
The CAP Rate used Multi Family for Heritage Hill Grand Rapids, MI
I am a owner of 4 rental properties in West Michigan and am going to offer on a multi-family home in Heritage Hill Historic District, in Grand Rapids, MI. I am looking for local investors or investors that know this ...
Mellissa Ruiz
Cracked roof tiles
I am moving out of my 3.5 year old single-family home as it is becoming a rental next week. I got my roof inspected to assess for any concerns on my way out. There were five cracked tiles identified and it was recomme...
Kay Ferdous
noi*10 = purchase price ?
Has anyone heard of this rule of thumb formula when purchasing 5+ unit multifamily buildings? Investor I recently spoke to uses this formula to filter properties. What do you guys think.Noi*10= Purchase price?So if my...
Robert Lindsley
Looking for info on cap rates for New London CT
Hi there,
I am trying to refi one of my apartment buildings in Norwich, CT. The building is a 4-unit apartment building with 2 small office spaces.
As part of the refi process I ordered an appraisal for the proper...
Benion Horton
Expectations for Financial Measures and Investment Returns in MFR
Hello,While we have been owners of commercial real estate for 7-8 years, we are now looking at expanding our horizons and seeking to buy and hold smaller multi-family units (2-5). An excerpt from our (in progress) bus...
Michael Wyatt
REI Meetups Boston Area
Are there any Boston area REI groups or meetups that anyone knows of?
Freeman Schultz
Recommendations for a security camera system
I am looking into getting a security camera system. My requirements are that it has night vision, high video quality that is higher than 1080p.The one system that was recommended to me was the Lorex CCTV system.It has...
Sheldon Peart
Multifamily Valuation Help Request
Hello, I am looking for some help/guidance from some experienced investors that are good at valuing a property. My fiancé and I just finished paying off her large med school school debt, and we put a suite in our hous...