Howdy y'all, I would appreciate some insight into my situation. I have two deals, but I can only finance one.First deal: 4-Unit Building for Buy-and-Hold-28,00 down, 188,000 asking price (about 85-90% market value a...
Can someone please analyze this deal and let me know if it looks like I'm doing this correctly. I've made a few offers doing math similar to this and still no deals, so I just want to check in and make sure I'm not b...
Hi All,I would love to hear you experiences on funding major repairs on your rental properties. Two ways that I know are- Cash out refinance, line of equity. Are these the best or is there something out there?I only o...
Looking at a co-invest opportunity with a friend on a University Student rental property. Its priced at $480k, the portfolio lender has offered a 5% rate for a 20-year loan with the rate being revised every 5 years (n...
I'm looking at a 9 unit building.
All one bedroom units
Monthly rent is $7450 annually $89,400
Building age 46 +/- 1
Cap rate 5.22%
Asking price $989,505
How do you use the rental price to get to a building value?
...
I posted an ad on craigslist looking for interested investors / cash buyers who are looking to purchase when i have properties available in the future. I did not say I had a property and then say oh sorry its sold but...
Hello - new to the site, but have been lurking for a year or so.I am the owner of a corporation that holds a somewhat sizable commercial office property which has been within the family for more than 6 decades. Histor...
Hi BiggerPockets community!
I have recently been listening to lots of podcasts and reading books on real estate. I have began to analyze potential properties using a spreadsheet that I created.
I would love if some...
Here is a quick take on what I've noticed on what separates successful businesses or individuals in the short term rental space vs. those who fizzle out, end up closing up shop or end up getting results they're not ha...
Should a landlord do repairs and maintenance himself (or herself)? I have read opinions, and spoken to landlords whom feel strongly either way. Some say, "you must do repairs yourself and save money". The opponents s...