Account Closed
Multi family property, 19% CAP rate.
Investment Info:
Small multi-family (2-4 units) commercial investment investment in Superior.
Purchase price: $193,000
Cash invested: $50,000
• Duplex purchased in 2018
• $50k down, 30 year term
• 19...
Lee Miles
Brick 6-Plex Downtown - Is This a Good Deal?
I've got a line on an off-market 6-Plex. It's currently fully rented, and the rents are much lower than market rents. 3 of the tenants are month-to-month and the other 3 are on a year lease. The sellers are aware of t...
Paul Danieli
New Member from the Baltimore Area
Hello everyone,
First let me say thank you for making this such a wonderful site to visit. I just found this place a few weeks ago as I started researching the possibility of getting back into the real e...
Michael Nardella
Jersey Boy / Boston College grad and new user! [Boston]
Hi, I'm Mike! I am a Jersey Boy and a Boston College grad (Go Eagles!). I own a small ad-tech firm in Boston that I had the fortune of starting while I was in college. With a little luck and hard work it has become a ...
Deep Patel
Anyone finding Value-Add Multifamily?
Has anyone been able to find good value-add multifamily opportunities in South Jersey or NJ in general? Any price range is fine, but especially interested in apartment buildings around 1.5M.
Katie Sorensen
Car Wash Owners/ how to analyze?
Hey Guys,I'm working on my passive income goals this year and have my eye on a car wash. Wondering if anyone owns one and how you analyzed it? Any tips or insights?
Kyle Thomas
3rd Duplex - First Off-Market Deal, 36.9% First Year Total Return
I hope this post helps some of you out there apprehensive to put together a deal without knowing how to do everything up front.I bought my first deal and waited a year to do my second deal because I didn’t know anythi...
Cody Barrett
When an agent gives a range for an area's Cap Rate
Hey everyone. What do you guys do when an agent responds with a range of Cap Rates? Or does tell you something about the local market as an investor? I asked what the local cap rate is on similar buildings that rece...
Reinhard Kurzen
What cap rate should I buy multi family at?
Hello, I am looking at buying a 25 unit in Spokane,WA and I am wondering about cap rates. Often times I see sellers saying 8% cap rate (proforma). The property I am looking at needs a lot of work and tenant turnover a...
Mike Beaudry
Investor and Manager from Massachusetts
Hi. My name is Mike Beaudry I'm from Western Massachusetts but right on the Connecticut line. I got into real estate in 2000 but became active in 2004 when I started a property management business. Since then I have o...