I am very torn between strategies for my next investment property. I currently own a couple small SFH long-term rentals in another state, but I am very interested in either Small Multifamily OR a vacation rental (Airb...
I would like to know how do we appraise a duplex, triplex or quadplex? Usually for SFH we would find the similar homes in immediate neighborhood say 5 miles and adjust according to bedroom count, age of property, repa...
Hello!
I am just getting started in real estate investment and am working on purchasing my first rental. When analyzing a potential deal, which is a better indicator of a smart investment, cap rate, or a cash-on-cash...
Hello BP community and thank you in advance for your help. Back story is I purchased a duplex and took it down to the studs for a complete gut renovation. First unit a one bed one bath and a second unit took from a ...
Hello all,I am currently owning 7 out of 8 units in a small condo association. Each unit pays 200 for HOA fee.Does it make sense if I acquire the last unit I havent own and convert all units to a single multifamily pr...
Ever since the COVID, the price for single family houses has skyrocketed in my part of town (Montreal). Interestingly, duplexes of similar size/municipal evaluation have not risen so much in comparison. Does anyone el...
I just had this article come across my desk. I found it interesting that New Orleans is so much higher than the surrounding parishes. I have avoided New Orleans for some time because of Insurance costs, crime statisti...
Hi all,
I recently read the following article about how the US government is planning to market a ton of foreclosed homes as rentals and noticed the following comment in the article:
"Single-family home rentals can y...
Okay BP, I first searched around for my question before asking but could not find any good clear answers to these questions:1) Are we supposed to use cap rates ONLY with commercial properties? Or can cap rates be us...
Hello I am actively looking for my first real estate deal. I am in long island new york, and looking for a rental property while I am still leaving at home. I have enough money saved up for a good down payment. Mostly...