Evening all, I am getting lost in NOI and Cap rates. What is the formula or points of reference to calculate investing in a multi-family? Can I work backwards from a projected rent? Lets say each door rented for $700....
Hello BP! I am Bryan and my girlfriend and I have finally decided to take our first steps into real estate. I work in a warehouse near Victorville and my lady is in the food service industry. We've decided that mov...
Hello,
I am a investor that has become a Realtor. I feel like I am very conservative when I run the numbers on a property.
Example
A=$1200.00 Properties monthly income
B=$220.00 Monthly operating costs (property ...
I just started to read David Greene’s book buy rehab rent Refinance repeat... and noticed at the beginning of the book He mentions buying the property outright then Rehab .rent and Refinance.... however, don’t people ...
I just recently purchased a duplex that and I am moving in to the 1st floor and the 2nd floor unit was rented. The tenant had signed a 1 year lease until July 2021. The tenant just called me last night and stated that...
Hi all! I am looking at joining a friend of mine that I know and deeply trust in our first real estate venture. I am a health professional and have $200,000 extra in after tax cash a year looking to invest into real...
Dear community,We are renting a single family house in Florida with pool, which we bought less than year ago and rented. Our tenants were in a house for 8 months and up to this time we promptly responded on all reques...
Hello everyone, I’ve got a multi family property under contract and have been weighing my financing options (from owner finance to bank loans etc). At this point I have garnered the attention of a few private lenders ...
Hi BP
We’ve entered almost our second full year of self managing our properties, and by far, placing the right tenant in our properties is the most stressful part of self-managing in my opinion.
We live an hour each...
Yay! Many offers and months of studying later our first buy & hold property is under contract! It is a duplex, each unit 1 bed/1 bath in South Jersey (Salem County). We are buying the property for $79,900 with a c...