Can someone please tell me in laymans terms what the cap rate is? I've read definitions over and over, but I still don't get it. Sorry feel like the dunce cap is on.
First post – wooohooo! Hello all. I have been in the multifamily business for quite some time now, but never as an investor. I work for a large multifamily lender, and I’m on the asset management side of the house....
I opened up my own company around 2 years ago after becoming frustrated with partners not performing. Now that I own and operate my own business I have become frustrated with the never ending costs associated with co...
If the property can generate adequate net operating income to support sufficient debt to finance the property and provide a satisfactory cash return to the developer-investor, the project is financially feasible.Good ...
I have been looking at doing a DSCR loan but looks like I'm giving up on that as DSCR loans require bank statements anyway and if I'm going to provide that, I might as well go Conventional and have significant rate sa...
Hi,I am starting out as out of state REI and am realizing that there is a lot of money that gets spent in doing due diligence on a out of state property. For. example airfare, lodging, property inspection, appraisal e...
Hi everyone! I just joined BP and have been reading up the past couple of days. I’m based in Austin and currently in the process of selling our property in Europe which should give us anywhere between 400k to 500k to ...
I am looking into some online mentorship programs and was wondering if anyone has taken the Buffini & Co courses or Krista Mashore's training program? I've heard a lot of mixed feelings about these types of course...
Hello,
Looking at buying two properties side by side, in rural NC. It's actually close to I95, but more so on the outskirts of a couple decent sized towns (7k people and 13k people). The closest town is population 6...
I think I have it narrowed down on how I want to initially structure my new business (an LLC with S-corp destination so that I don't have to pay both Personal Income Tax on profits + Business Corporate Income Tax; I w...