Hello everyone, my name is Michael Ding and I moved to Cape about a year ago for a job position as an engineer. For the past year I have been educating myself about real estate by reading books and listening to podcas...
I recently purchased a 4-plex at $640K, with financing though a residential loan. It was appraised at $647.5K based on the gross monthly rent of $3500 multiplied by the Gross Rental Multiplier of 185. We recently adde...
Hello,I was hoping somebody could recommend a good agent in Portland, OR for Multi Family investing. I live in CA and have contacted some agents up there but it sounds like they deal primarily with SFR. Any suggestion...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Mesa.
Purchase price: $221,500
Cash invested: $67,000
This property consists of a 3/1 house and also a 2/1 apartment. Hou...
Looking to get in to duplex wholesaling I’m stumped on a offer price and cap rate and to determine my offer?
I've never purchased a distressed asset. They were always stabilized or semi stabalized. I have a property thats 56 units. Its an REO and from the operations its 89% occupied and still slightly losing money.From exami...
How can I find the CAP rates in a city, town or MSA to calculate value for Commercial Real Estate - Multi-Family?
Market is changing rapidly - again!
Looking at a mixed use office building in the older part of a nice, more affluent downtown area, I'm curious to know what one may be looking at in terms of an increase in property taxes. As I understand, property taxe...
Have been looking & networking for over a year and received a call today from a friend and introduction to an owner about an small apartment unit(8 units). I'm meeting the owner, at the apartment on tomorrow and w...
I am asking this question of those who have done commercial deals and can explain the concept to me. I am looking at a deal in Kansas City, MO area with 8 units and comes out at a little over 7% cap rate. The curren...