Hi All,I'm looking at a self storage listing that is listed for $5,000,000. The listing says NOI is $212,509 and their cap rate is 5.Using the income approach, wouldn't $212,509/5 cap equal a property value of $42,501...
There could be a few reasons why social media posts may not be bringing in clients:
- Not targeting the right audience - If your target customer persona doesn't align with who is actually seeing your posts, that coul...
1. How frequently you are getting property inspections done? Quarterly or once in six months or yearly? Or when there are some repairs done and you want to validate the repairs?
2. Rather than doing inspections what ...
A few months ago I purchased a duplex and assumed the tenants that were in place. At the time we got insurance on the property with American Integrity. 2months later we got notice they were cancelling due to the tena...
Help.........Looking at this prop as a possible add to my 401k self directed portfolio...for now all cash. Does anyone have any comments on this? Just looking for input. Thanks in Advance.Jimmy Patrick Hall
Investment Info:
Other other investment.
Purchase price: $11,298
Cash invested: $1,300
Sale price: $25,000
Bullet points to this transaction:
*Acquired the property through a direct mailing c...
Hey BP!I want to convert an old mechanic shop into one huge apartment with a loft and one studio. Please see images. Clean environmentals (Phase 1)Zoned for multi familyAll masonry, with 3 garage doors. Has anyone wor...
Hoping to get some suggestions on apps that help in bookkeeping on rental properties. I have 40 rentals. Some rent and some rent to own. I need an app that will help me with my tax forms at the end of the year.
Hoping everybody can share some insight. I started with residential rental and hoping to move into self-storage. I saw an intersection corner lot with "out of business" self-storage ~ 1.5 acres of total property size...
I worked in the automotive repair industry for over 15 years where my image was not of major relevance. Employees wore coveralls and had no personal dealings with the public. You don't need to look like a rockstar to ...