Harmony Romano
Cannot find decent COC return for multi-units in Chicago North Side - Need Advice!
I am a new investor looking to get a multi-unit for long term rental. I live in Chicago's North Side so that is where I have limited my search as I understand the neighborhoods better. Whenever I calculate coc, the ve...
Jarred F.
Florida Vacant Land Contract for Deed or Land Contract Help
I'm seeking some advice from the BiggerPockets community. I've been wholesaling some land in Florida for a couple years and have sold a couple of lots under a land contract (or contract for deed). But Florida is a jud...
Rosston Smith
First property under contract!
Hello BP community! I offered on my first property yesterday, and after a little haggling my offer was accepted. It is currently a 5 unit 2,242 sqft multi family home located near downtown. Its technically a duplex at...
John Beck
Single Family Home Rental "Breaking even"
My background in Real estate would consist of owning my home and 1 rental property, that I break even on, every month. By "break even" I really mean, that my mortgage for that property is covered by the rent, but a...
Brandon Elliott-Pandey
Looking for a Tax PRO
Looking to make a Tax presentation for my Father in Law who LOVES 401k's (with pros and cons) vs investing in real estate as a real estate professional.Would love to have some help here from a licensed professional wh...
Account Closed
Revenue streams for a property management company
I need assistance putting together a list of secondary revenue streams for a property management company. So far I have
PM fee (% of rent or flat fee)
Lease ups
Maintenance (upcharge)
Vendor rebate prog...
Zach Hodge
Dallas Tax Expert Recommendation & Anyone's Thoughts on Situation
Hey Guys,I'm considering selling the duplex I renovated in College Station and I don't know if I need to talk to a Real Estate Accountant or a Real Estate Attorney about my tax considerations. I have an interested bu...
Michael Doherty
Commercial Real Estate Career Decison Help!
Hi all, I understand this isn't your typical Commercial Real Estate Post however, I would appreciate any and all advice on the possible career change. I currently work at an investment firm selling securities. The job...
Scott Sweitzer
JV Cash Flow Structure
I've invested in condo units in DC and had recent success filling them with Section 8 Voucher-Holders for above market rents. The investment is tilted towards cash flow, as there is little opportunity to create force...
Tyler Hallman
Cap Rate.. based on previous owners purchase
I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...