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My cousin found a mobile home which seems like a good investment. The guy wants to move out of America back to his country and he is also behind on his mortgage payements so he's quite motivated.Its in Florida, Lake ...
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I am looking at two REITs in SO CA, and I've noticed their price/earnings ratio is rather high. One is BRE, the ratio is 42.94, and the other is essex, their ratio is 69.33. I understand that a more typical ratio woul...
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I am getting some mixed messages about how to deal with the accounting for bed bug remediation in an apartment building my company owns. Normal, regular and modest 'pest management' is clearly part and parcel of '...
Hello,
I'm new to REI and have been trying to educate myself for the past couple months. I have been focusing on multi family. I am a high income earner and would like to replace my salary of around 200k with passiv...
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Hi All - I've been actively searching for my first rental property for the past 2 or 3 months. I'm targeting the Huntsville and Montgomery areas of AL. I have $35k to $40k to use as a down payment. Houses in Huntsv...
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Hi,I'm looking to buy my first duplex and I would greatly appreciate some feedback on the numbers below. The duplex is listed at $200,000 but I wouldn't accept anything above $175,000. The numbers below would be if ...
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Happy Monday BP! I'm currently looking for my first investment property in Essex county and I'm curious if anyone has properties in either Montclair, Bloomfield, West Orange, etc and wouldn't mind sharing. I came...
I'm a beginner doing a CMA for a Multifamily. 1. How do you value the difference in the number of units between properties? Do you use the rent generated by a unit? 2. Also, what is the value of a 1 car garage, a 2...
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Okay - closed on our first 4-plex last August and now we are looking at an opportunity to expand rapidly into a 70 door apartment complex. The seller has offered to put up approx half of the down-payment, we have $10...
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I'm interested in purchasing this 4 plex in my area. Its a 4 unit building with two separate addresses 5812 and 5814. Each side has two 1+1s.Here are the numbers.The owner is has them on the market at $139k each. Sh...