Angela Winbush
How do you get comps for a property without going through a agent
I just want to know how to get the market value without going through a RE agent?
Deshawn Jackson
Return on Investment
As Investors what do you typically like to get back for ROI? Let’s say a property that’s about 45k needing about 30k in repairs in a 100k neighborhood ? What would be the best exit strategy in a situation like this ?
Joe Ciccarelli
Feedback on my analysis approach + 2 questions
Here is my process for analyzing an STR property:1. Use the average ADR & Occupancy on Rabbu (FREE)2. Use the ADR & Occupancy on Awning (FREE)3. Find comps on AirBnB and get their total before taxes (inc. fees...
Kavita Joshi
Multiple Offers on Property
If there are multiple offers on a property you are interested in, should you make an offer higher than the listed price? That is, given that your numbers still work out.Looking for opinion from savvy investors to lear...
Julio C.
Understanding Cap Rates
I’m trying to understand cap rates in multifamily real estate, and I don’t mean getting the resulting number of dividing the NOI by the value of the asset.What expenses should be included in the NOI formula? I typical...
Jesse Lopez
Second opinion needed: Should I build a small apartment complex??
Good evening everyone,My two eldest siblings and I are thinking of joining forces to capitalize on approximately 8K sqft of land behind our mother's home. We've talked about doing something with it for years, but our ...
John Choe
Contractor gave a not to exceed then invoice exceeded it
I'm in the process of a remodel on a 4-plex from about 4 hours away. I contacted a contractor and asked for a not to exceed number for each unit. After much back and forth the foreman for the job gave me a number fo...
Ashley Young
Community Center Next Door Wants My House
I purchased my home 2 1/2 years ago with the intent of either flipping it or potentially renting down the road. My situation has changed (and my budget is tight with little room for repairs) and the thought of sellin...
Jacob Holth
What are you essential analysis equations?
Hey BP! - This is a question for the buy-and-hold multi/single family home members!I'm a new investor with a career in CPG (consumer packaged goods) sales and distribution. I have a set of essential equations to evalu...
Ryan York
How To Make This Deal Work?
Hey all,I'm trying to figure out how to make this deal work for us and the seller. He's pretty firm on a purchase price of 40k. It needs about 20k in repairs and the ARV is about 65k-70k (conservative). He's open to s...