I had posted this deal a couple of months ago.  The property is still listed (red flag) and I am revisiting this opportunity.Asking Price: $260,000Apartments: 9 Units (Fully rented, average rent is approximately $370/...

What are the crucial factors to look for when analyzing a multifamily?  How important is the time it will take to pay off the property? I recently started including the cap rate in my analyses to determine if the prop...

Hello BP family, my name is Bret and I'm from the Spokane, WA area. I am a mechanical engineer by trade. I'm 29, married with one kid and one on the way. I own my home, and I am fairly new to the investing game, but w...

I'm new to the industry and I want to be taught how to do it right. I live in a nice area in Queens, NY, there are a couple distressed/abandoned properties in my area. There's one in particular that I'm talking abo...

How is aprasal done with two houses on one property. First house is the original and is a 2/1. Second house is a two story garage that was converted into living quarters and just recently remodeled 2/1. The houses ar...

I'm sure a question like this has been answered but I wanted to formulate the question on my own.I have been working since I graduated college and work for a defense contractor and I feel its a job that could take me ...

The idea of an FHA 203k sounds like the best tool to use for a new investor. I’ve heard about it for years and with the market it’s a hard sale especially since most agents don’t fully understand the process. I’ve don...

Fellows, I am finding the cap rate difficult to grasp especially how it is used in the deals. What I am  not clear about it whether cap rate determines the property value of property value determines the cap rateCap r...

I'm underwriting a deal right now, trying to determine a generic rule of thumb people use for expenses. The deal includes: - Four 4-plex's totaling 16 units- 100% occupied (although I like running my numbers at 89%)- ...

Biggerpocketers,There is an opportunity to purchase 25 units for just under $1M. It is a mix of 14 multifamily units consisting of 2x duplexes and 2x 5-units, plus an additional 11 SFRs in various towns on the east ...