First off for some reference before you get into the Example: As you know there are at least 5 different possible "sources" of income when buying any kind of Apartment, multi family or single family real estate deal. ...
Hey BP, I recently shared some of my woes in finding a house hack deal that works numbers-wise so I wanted to share the details. Trying to consider the long term wealth benefits of owning real estate and not just the ...
Looking to buy a duplex or fourplex in the midwest. When I do the analysis I assume approx 5% vacancy, 8-10% in capital reserve, and another 8-10% in property management. With 25% down the numbers begin to get very ti...
Going to look at my first multi family property tonight, looking for any advice as to what to look for and watch out for as i go through this journey.Pro forma numbers are good. Meets 2% rule and the 50% rule, cap Rat...
Im looking for some advice on refiancing tips. I have never really looked into commerical property, so im a little unsure on the practices that compare to residential.
I have 2 properties that I may have the chance t...
My name is Chris Wong, I currently live with my wife and daughter in San Ramon, CA. I am looking to get into retail commercial real estate. I've been working with a real estate agent, trying to find a property &l...
Found an 8 unit apartment. They're asking $515,909. Cap Rate is10.93. Total monthly Income is: $6,380 & $$76,560/yearThis is my analysis:I used conservative numbers such as 30% financing and estimated 55 expenses....
Hi, We had to call VRBO for a bill that they are charging us and this is how I found out that VRBO charges 10% commission for any booking that was made outside their platform. They said that they have access to extern...
I recently received an appraisal from an owner of a commercial property I am interested in. The appraisal was done 6 months ago for a pending offer that fell thru. This is my first step into multi-family, so I have...
Hello all,
Has anyone had any success in owning a seasonal rental property? If so, where is the property located and how do you advertise?
Thanks!