I've been negotiating back and forth with a seller. They have a 4 unit building that has been on the market for over a year simply because the price is too high. I knew it was a long shot but I put in an offer 25% les...
Rental property in class B area.Current cap rate is 5.8%. These are not the actual numbers, but is the actual percentage and actual ratio:I invested $x.xx (say invested $59,000). The $59,000 equality has grown to $10...
How do I calculate an offer on a piece of property that does not need much renovation or repairs? Will investors take properties that may not have a massive amount of profit? Can I realistically find a buyer that is o...
I have recently read a post that mentioned high cap rates can be risky?I am new to investing and up until the other day, I believed that the higher the cap, the better the income. What are the pros and cons of this? I...
Hi all,I'm looking to put in an offer on a multi-family property soon. When running numbers on properties which seem to meet the metrics I'm looking for, I usually try to refine the numbers by getting the actual prio...
Hello everyone, My name is Jared and I am new to the forum. I have a background in Healthcare Revenue cycle. I am very analytical, goals and numbers focused. We live outside of Chicago and are preparing to purchase...
Folks,AirBnB use to offer an analytic where you were able to see the number of people that viewed your property by day. They've removed that and replaced with another performance tab with a bunch more metrics, all ver...
Hello, I currently live in Irvine, CA and planning to move to Pomona (near Cal Poly) soon this year for work. Please let me know if anyone currently a house hacker (via MFR or vacation rental) in the city of Pomona, W...
I'm in Massachusetts where things aren't cheap. I can't imagine ever getting close to the 2% rule on an acquisition. Maybe I've got it wrong:
Total monthly income from the property / 2% = purchase price. ??
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If you're buying or selling your investment property, it is essential that your Realtor provide you with an in depth real estate market analysis during the process. As a seller, a market analysis will help you unders...