Without being naive and assuming everything would be the same as a SFH I thought I'd post this up and see what types of things I'm most likely not taking into consideration. Here is what I'm looking at:
There is a bi...
I'm about to rent a house to a friend of mine and while I don't have an apprehensions about it (or rather him). I know the practice is fraught with issues and ruined friendships. I'll document everything per my usual ...
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 would you go about putting a value/offer on a 336 unit apartment complex that is vacant and has been vadilised? Repairs for each unit is approximately $20k per unit including new roofs, windows, and gutters.
Hello Everyone,I am new to the community and I am also a new owner of a duplex in Los Angeles City. The units fall under LA City Rent Control (rent stabilization ordinance). I plan on renting one of units very soon an...
Hey!I'm trying to underwrite some properties and a broker often sends info like this:Currently 65% Occupied. The Projected Net Annual Operating Income at 100% Occupancy with units leased at market rates is $109,500 ...
Hey BP community! I'm a business owner looking to deploy excess capital into investment properties with all signs leading me to multifamily rental properties. The biggest issue I am running into as I evaluate deals is...
Hi Everyone,
I am looking to start investing in SFH to 4 plexes. As I am building out my pro forma, I keep running into this headache as to whether I need to incorporate sensitivity tables. I pulled a pro forma from ...
For some people, real estate investing is “too risky.” But what if a small, cash-flowing portfolio could provide financial stability when you lose your job? If you asked today’s guests, they might say it’s too risky N...
ALBANY — With the city’s rent regulation laws set to expire on Monday and no renewal deal in place, Gov. Cuomo is warning landlords not to take advantage of the situation.“Landlords of rent stabilized units who try to...