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I have owned a 30-year old condo for about five years that I have rented out the entire time I have owned it. The roof is original, has been patched but still not fixed. The condo is doing a special assessment of ab...
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So what is the most accurate way to know you got a good deal on a property? Get a appraisal done on property? But it seems everything goes off comps so what in saying is you can buy a junk 3 bedroom/2 bath in a nice n...
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I have a friend with an 86-unit apartment building on Mt. Prospect Avenue in Newark, NJ. He's thinking of selling the property, and he asked me how he should estimate the market value.
$630K yearly - Gross Operating...
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When analyzing properties to fix and flip, how do you determine desired profit? Do you use a %, monthly return on investment, overall return on investment? What is a reasonable/typical profit % or return on cash inv...
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*This link comes directly from our calculators, based on information input by the member who posted.Trying to buy my first rental property. Please help me analyze this deal. Thanks in adv...
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I'm looking to purchase an 8 unit property. The owner is asking 600k but I'm not sure his valuation is accurate. The property consists of two 3 unit and one 2 unit buildings. All units are 2 bed 1 bath, single story...
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Hi all,I am a Seattle investor looking to invest in multi-family properties (15-50 units) in the Kansas City metro area in Jackson County. For those who have purchased multi-family properties in the last few years, wh...
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So I've been reading all sorts of books and listening to podcasts and watching youtube videos on REI. Lots of these "GURU" types are preaching REI without using a penny of your own money. Is this a reality? Any hard m...
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Hello bigger pocket family,
I was curious on a particular topic on rent. Lets say that i have a single family home or an apartments unit and the rent was set on a set price, lets say $1200/month for a tenant. Then, t...
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If you purchase a property that is affiliated with an HOA, as the property owner will you be allowed to make any type of repairs or rehab work to the property? Or will the HOA determine what rehab costs and repairs wi...