I NEED YOU GUYS OUT IN CYBER LAND TO UNDERSTAND I HAVE BEEN IN REAL ESTATE SINCE I WAS IN THE 10 TH GRAD AKA 16 YEARS OLD ABOUT 40 YEARS AGO. ME AND MY DAD USE TO BU Y HOMES AND I WOULD MANAGE THEM BECAUSE H...
My realtor called into question my calculation when I stated that the CAP rate is low on a specific property she was showing. I had included rehab & closing costs. I have heard in podcasts about targeting 10% CAP ...
Hello,I’m trying to determine a price for a multifamily apartment building I’m selling. The way I’m doing this is taking the net income and determining a possible sales price using the cap rate.Normally to determine ...
Hi everyone
I've been looking for 7 months now for a small apartment complex with 6 units or more with no luck.
Problem is prices are too high to justify cap rates of existing listings on Loopnet/MLS,
Where do I ...
So here's the situation. My area generally falls short of the 1% price to rent ratio I desire. It's more along the lines of a 0.70% to 0.75% ratio. I'm a buy and hold guy looking to BRRRR my way to financial freedom. ...
Hello I'm starting to negotiate on an 8 unit apartment in Minnesota that is owner managed and maintained. (He does the Lawn Care and snow removal also.) Someone told him the cap rates in our area are 8.18% witch migh...
How does tax abatement affect a property's value? I'm looking at an apartment in Brooklyn, New York with a tax abatement for 15 years so will that force me to overpay for the property because it has a tax abatement...
Hello fellow investors! I am curious to know what cap rate you shoot for on your properties. Do you even use cap rate? Does it change via market? What market are you in? All thoughts and comments are welcome!
I was wondering if anyone factors Replacement Reserves (i.e. potential future CAPEX repairs) into their CAP Rates when doing a property analysis? As many of you know a CAP rate is Net Operating income (NOI) / Purchas...
Hello All,My contractor currently working on an SFR for me is also working on a 10 unit for another client who’s looking to sell. he tells me that it is 50% occupied at $850 per unit and he’ll have the rest of the uni...