Please Evaluate my deal:This is a cash deal being done in NJ. If there are any numbers that look low, please let me know. I plan to have this as a buy and hold for a while. This is a mostly CASH deal in west New Jerse...
With caprates around 3.75% for multifamily and interest rates around 5.5%, how are investors cash flow neutral or positive after mortgage payments ? Please guide in filling the missing math.
there seems to be numerous pre-purchase analysis software programs for creating a pro-forma for multifamily Acquisitions, available in the market. We are searching for one that is user-friendly and has a module for p...
I like to use Net Present Value when evaluating deals, but I don't see it a lot on this forum or other real estate evaluations. Can anyone shed some light on why not to use it?
Hello,
A family member is preparing to sell her home, and we are trying to decide what would be beneficial for us in purchasing her home, and something equitable for them as well.
Here is some of the info:
-Want...
How do banks appraise MFHs? I have heard conflicting responses... some believe it's the same as SFH (comparable sales), others say it's more like a stock ("value" is NPV of future returns).
Anyone actually know beca...
Hi everyone,All the multifamily properties I’ve purchased in the past few years have either 5 or 10 year balloon dates on them. For the veterans who were investing in the market and had their loans come due around the...
This is probably the #1 question I’m asked by real estate investors and I’m honestly still testing a few different software. But, as of right now, QuickBooks Online is what I recommend to most people.
Yes, you a...
I am currently looking at a property that falls into my portfolio in respect to location, property and potential ROI. The owner needs to sell because he manages remotely and he is tired of dealing with it. Unfortunat...
I currently work in downtown Minneapolis and am finishing up my CPA. I bought my first duplex a year out of college and have loved the experience so far. There is nothing better than trial by fire and 3 years later I ...