I've been following the forums daily for months, but just posted my first topic yesterday. Thank you all the helpful feedback and info. My background is in apartment development, but I recently struck out on my own as...
I am looking to acquire a small (12-20 units) apartment building. Most of what I’m seeing with a good CAP rate and potential seller financing are in lower income areas.
Does anyone have any advice? Am I looking at a ...
We currently have 11 units, excellent tenants and most of them are losing sources of income. As a proactive measure we reduced their rent by 50% for the month of April and will look at May in a few weeks. Is anyone el...
So a lead came in from Upper Montclair, NJ (Bergen County). But I live about 1,700 miles southwest of there in Texas.- 4 bd, 3.5 ba- 3000 sqft- $0 owed on property- Seller Comments: moving, needs repairs- Asking $650k...
Anyone buying already rented homes in Macon, GA or Griffin, GA? Cash on Cash returns are like 20%! low income, yes. Some crime, yes. But long term tenants. Any advice either way? I'm considering entering intocontract ...
I bought a home in 2020 in a popular market. As a result of appreciation (both natural and forced), I will be able to pull out 30-50k when I refinance. I’m a consultant. My prior contract work had me embedded as a w2...
Hey everyone! Wanted to show our recent project that just completed in Washington DC. I met my partner @Steve H. here on BiggerPockets and this is the result! It wasn't smooth by any means but it worked out! Now w...
Hey all!!I was trying to look into a particular neighborhood - Willowbrook/Westerleigh Staten Island NY and ran into trouble evaluating the renters market. - If I want to buy and hold there needs to be a healthy renta...
What are some favorite metrics/benchmarks in the long run -- long term buy and holds with fixed loans and no mid range thoughts of selling , re-financing etc.?For example... I have my 64 multi-fam units in Cincinnati...
Hi all –
Disclaimers:
I don’t have any experience with industrial real estate - or CRE generally speaking for that matter.
I will be keep this post intentionally vague for the sake of privacy. Hoping actionable adv...