Afternoon BP,After news broke of Amazon moving forward on finding a new HQ, I got really excited for the possibility of a new/increased opportunity in a new area. I currently own and rent in Central Florida, but would...
Sorry, I asked the wrong question. I meant to say What is a good cap rate? How do you determine what CAP rate you should strive for?
Thanks!
Hi, there is a 4-plex I'd like to buy. However the asking price is a rich $920,000. I figured out based on NOI, that if I put 3.5% down as an owner occupied FHA loan, that all I can afford to offer is $500,000. He pos...
I'm curious what the hive mind thinks.My husband and I bought a 36 unit property in November 2014. It was a total slum - drug dealers, cockroaches, etc. Through our personal blood, sweat, tears and money, we renovat...
I have investment properties with fixed rates of 3.375%, 4.5%, and 4.375%. There has been several six figures $$ in equity growth over the last several years, and my LTVs have recently been pushing 50%. I am looking t...
While I have been a RE Investor for 2 Decades, I've seen this metric quite often. The Cash on Cash Return (CoCR) seemed to be part of a lot of REI's decision making criteria.This Post will be a very long one but one f...
Has anyone else had their fill of posts concocted ostensibly to be informative but that are obviously thinly veiled attempts to funnel the uninitiated to the posters classes, syndication capital raise attempts, sub-to...
So I have a single family home and a trailer that I rent out and my wife and I are looking at purchasing a triplex or quad. How does the Cap Rate work and at what time does that become relevant? I always try to learn ...
I have been reading “Rich Dad Poor Dad” for the first time and I have to say...mind blown. I always saw my dad as very financially responsible, coming from a very poor upbringing and making a comfortable life for our ...
Overbidding is the opposite of being a conservative investor. It happens when you buy above the market rate, compared to similar properties in the same general area. Another telltale sign of overbidding is when you pu...