Hello BPers, Looking for thoughts on buying a 16-unit multi-family property which was recently fully rehabbed and 100% vacant at this point. The seller's asking price is close to 8% cap based on the Market rents. Cap ...
I need your advice BiggerPockets! We just received a Miami Fl. deal on a seaside apartment & condo combination. Which is selling for 17-million, while producing an NOI of $ 798,798,550 a year. Which has caused ...
Hey all. This is my first post so go easy on me. First. Not an investor...yet;) But in getting the courage to buy something I have a question about the state of the real estate market. I'm currently in the Tampa m...
Hi all. Im finding it very difficult to find comps for a 6 Unit building we are looking to purchase. I cant find anything on zillow or trulia. Appreciate your help.
Hi I posted something earlier about a commercial property valuation, and the responses I've received have been to hire a commercial broker to do this for me. However I was hoping that someone could walk me through cre...
Hi everyone! I've been investing in residential real estate since February 2021, starting shortly after I graduated college and moved out of California. I currently live in far North Austin, primarily investing here i...
Hey all,I have a duplex under contract in Ogden Utah. It is a 2/1 with 700 sq/ft per side. Asking price was $154900 and offered $144900 and was accepted. Roof needs to be redone. One side had a tenant who smokes in ...
Things are not the same, but there's no reason not to continue to invest. It just requires a different approach than before. In case this is helpful for anyone, these are a handful of mistakes I've seen some people ma...
How do you exactly go about when evaluating a deal on a fourplex? I understand CAP rate, but how do I know how to determine what the ARV is? They are kind of tricky because they are residential/multi units, so finding...
So I have spoken to a few "investor friendly" lenders for the past few weeks. Rates for Non-QMs, Hard Money, DSCR loans etc...are ranging from high 9s to just below 12%. That is with fairly good credit and at least ...