I made an offer on a vacation home that is pretty dated inside. We are not good at decorating and are looking for suggestions.I will have more pictures this weekend but right now this is all I've got.The laminate floo...
Investment Info:
Small multi-family (2-4 units) wholesale investment.
Purchase price: $40,000
Cash invested: $1,650
Sale price: $50,000
This was a contract assignment situation.
What mad...
Anyone have advice on how to calculate the 'numbers' on vacation rentals?I believe it can have a good cash flow even with the added expenses as long as the property is in a area of high rental demand and the property ...
Hey everyone!,
I am from CT here and have been looking around at some Bank REO's using this website. I have found a few that are priced really cheap like 15-40k for some multifamilies. The neighborhoods are rough as ...
I found this market flyer for this property
It is a 8-unit multi-family property being sold at $800,000.
The market flyer seems to do the basic number crunching already. It calculated a CAP of 6%. It also already c...
I have recently purchased a studio apartment and renovated it to rent. I thought I would have no problem getting a tenant via craigslist (since everyone I know looks for apts there). But so far its been a couple of...
I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...
I wanted to share some ideas and tips that I use as well as get some from you guys out there. My wife and I invest in a high crime, low-income area of Baton Rouge, LA. We do things the right way, always. We love it an...
I posted this in the General Real Estate section, and then realized it would probably get more notice in the Henderson forum:This is my first time selling a piece of real estate, a property in a gated community in La...
Hi Guys,I got a funny one: My tenant called me yesterday to let me know that there was no more power in one of her bedrooms. I asked a few questions before deciding to send my handy man.....Well it turns out that all ...