Hi all,
I am acquiring a 7 unit Multifamily property in New York for $1.2mm. Rent roll is about $150k/yr. Building Is fully occupied. I will be managing the property. Rental upside is maybe 10-15% over the next few y...
Below is the performance of the MSA cities below. The top performing MSA cities are Denver (11.6% above previous peak value), Dallas (10.2% above previous peak value), Portland (2% above previous peak value), and Bost...
Hey All,I'm an Arizona native living overseas, but itching to get back into investing. I'm living the UK for work, but the market here is pushing out of my limits, especially with the way lenders here are working with...
Good morning!Wanted to get your input on this.Been screening multi-family and commercial real estate opportunities. One thing I have noticed is the asking price with it's cap rate, is almost always priced out by the ...
Hello all,So I've got an interested seller for 16 units I'm trying to acquire. He's given me his last 3 years financials (as reported to the IRS), but I haven't been able to get the T-12 or rent roll. We've only been ...
All,This will be my first commercial project (5 units; all residential). I am debating purchasing this via a 15YR HEL (Home Equity Loan) @ 5.49% and refinancing within next 14 months (sooner would be better so as to g...
I'm planning on retiring in 4-5 years. Any additional income now will push me into the next tax bracket. I am thinking about getting into buying and holding rentals, and possibly syndications that will mature in 5 yea...
Hi there,
I think I've found a great deal on an 8-plex, but the broker says she can't get the actuals. How hard should I push to get these? It looks like a good deal based on the 50% rule, plus the rents are low. The...
Interested to see everyone’s perspective of this new update I found on a multi family market overview. Rents have increased by 4.2% but occupancy has decreased by almost 1% from 93.2% to 92.6%Is this the start of the ...
I have painted the ceilings three coats with the roller, and am seeing lines on the surface from the edges of my roller. This ceiling has very little texture, so I think that may be part of the issue. Is there a recom...