Jordan Archer
What's a good site to find rent rates of an area or a specific unit?
Hey BP,Just wanted to estimate my revenue for a property I'm looking at, and wanted to know where is a good place to find/estimate the rent.Thanks
Daniel G.
Coinmach Question Due Diligence
Hi BP community,I have a quick question regarding a Coinmach contract for a multifamily property that I am currently inspecting. There is currently a coinmach contract that expired in 2012. As most of you know this le...
Account Closed
How long will my area stay “sketch” for?
The area of my building in west Humboldt park over by Augusta Blvd & west of Hamlin ( especially my block) is always busy and well.. you know, sketchy. I understand this can change drastically within the next few ...
Ben Patel
Help me calculate profitability of this Multi Unit family deal?
This is one of the deals I am looking at it's an 18 unit family unit apartment complex in an excellent area where the rent's similar will go for higher.Here is the deal:Asking price: 2.8 Cap Rate: 6%Avg monthly rant o...
Jimmy H.
Applying 50% rule to Apartments
So, i'm scouring Loopnet for commercial multi-family opportunities. I've noticed that many of the properties that list brief financials on loopnet have terrible overhead/operating expense ratios.
For example a huge 2...
Account Closed
Fuquay Varina - Investment Rental Single Family
Hello All,I introduce myself as a new member of the Raleigh real estate forum. I have been finding all of your posts helpful, thank you.I'm looking to get into real estate investing for rental property in and around F...
Scott Krone
Self Storage Investment Equity Preference
We are converting our fourth commercial warehouse into self storage. We are interested in learning what investment strategy would investors find more attractive. Here is the scenario. FactsWe recently purchased a 7...
Pablo Flores
Best Revenue Management Software for Large Operators
Hey Everyone,
I know this topic has been covered a million times over, but I want to hear peoples opinions for those who manage multiple properties. I manage 30+ luxury STR's in the Greater Palm Springs market. ...
Tony Velez
Partner on a triplex
Hi,I put a triplex and they accepted. My mom was asking about possible partnering with me on the deal. Then she would like to get out in 5 years. First we would both put $25k down payment each. Split the cash flow. A...
Rob Bergeron
City Considering Stronger Regulations on Short Term Rentals
https://insiderlouisville.com/economy/short-term-r...They are really cracking down on short term rentals. I always say look at Nashville to see what our future looks like.