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What do you think about this deal???what is this properties value 1.5M???The properties is class C and neighborhood class BTotal building square footage: 48,513 sq ft, built in 1947 Listing Price $1,800,58...
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Hi, I am new to Biggerpockets and Real Estate investing. I'm learning as much as I can right now on this site and reading books. I currently own a single family home that I bought in 2010. My Tenants pay $1500 and my ...
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My wife and I want to buy our 1st rental property. We are currently looking into a duplex that we could buy for $40,000. We can get a 6.5% for 15 years ($314/mo for P+I) or a 7% for 30 years ($240/mo).
My wife and ...
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Hello Bigger Pocket members!
It has been a while since my last post on Chicago Cap Rates.
I figured it was about time for some updated numbers.
This post will look at Cap Rates for small multifamily properties.
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I might be missing something but when I do calculations for potential flips, such as 70/30. The numbers work, but when I take into account taxes I would have to pay on my gross profit (purchase price - sale price) it ...
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Hi, Newbie here. I have a quick question regarding "vacancy reserves". Im having a bit of a hard time wrapping my head around this, but I think its very simple and Im over thinking it. When calculating vacancy reserve...
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Hey All!So if I'm renting a unit for $1100 a month should the tenants monthly income of at least $3300 be their gross or net monthly income?
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Hi All,After a couple years of research, I'm finally comfortable that I've found my preferred niche' in commercial multi-family and I'm ready to make my first purchase. Big problem: no multi-family in my area and low ...
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I am thinking of investing in a syndication that is buying a 157 unit apartment project located at 3117 S 192nd St. in SeaTac, WA 98188.It appears the property last sold in 2015 for $1.8Mn….the syndicators now plan to...
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Hi everyone,Does anyone have experience buying existing businesses? What are some things I should look for? Here are my concerns:- Providing false records of income. The thing about this business I can look in their p...