Found a deal in Springfield IL in a good area. Triplex with rents for 700 each, property taxes of 3,500 per year. I would like to live in one unit and rent out the bedroom. What would you offer for this place? Off mar...
Hi all,
When starting out, what is the best way to analyze a market? What are the things I should be looking for? What are the tools that a new investor can use?
Hello everyone. I am bringing this post to you all in hopes for some advice, like I always see on here. My partner and I are getting into commercial real estate. Particularly syndication. I am having trouble researchi...
Lets say you aquire an inherited property that’s paid off. It rents for $3300 a month but with taxes, insurance, HOA, PM, maintenance and vacancy % expenses, it only cash flows $1950. Sounds great but it’s worth 600k-...
I'm a newbie here getting ready to pull the trigger on my first deals but struggling a bit with analysis. I've got a hot market in Atlanta and there are a lot of distressed properties and lots of opportunities to eval...
I know this topic has been discussed in past but didn’t see any recent updates. Can you all discuss your experience with Michael Blanks syndicated deal analyzer for multifamily investments, particularly is it helpful ...
Hello! I was wondering if there are any expenses I should consider when analyzing an apartment complex. Is it basically the same thing as a small multifamily but you just take the extra units into account, or is it wa...
I went through some classes on analyzing multi-family units but of course I cant find my notes. Is there a course here somewhere that can refresh me on how to analyze a 4 unit apartment complex?
29 units in Midwest.
Asking Price: $1.1M
$875k of which is in assumable loans.
PITI: $9319
$14,925 in rents collected if 100% full. I have data for last 24 months, average actual collected is around $12.5k/month.
...
I've noticed in some markets, there's an additional tax you have to pay on gross monthly income. Is this something you should add into your property analysis as revenue you won't be taking home, or do people use Airbn...