If I bought a property for 40k, ( purchase and rehab), and my Noi is 8k, my cap rate is 20%
Question? If property value increases to 120k after 5 years, and my Noi is the same 8k, does my cap rate drop to 6 %? Is c...
Hello BP Community!
I am from Montreal, Canada. More precisely in Brossard. I am 38 and working as an IT consultant.
My wife and I bought our first triplex 2.5 years ago after realizing that we would no...
I need some advice. So my dad has a tenant who hasn't paid rent for 3 months. My dad doesn't want to take it to court because the apartment doesn't have a permit, so it's illegal. Ever since, she started living their ...
Attn Rehabbers: In general would the average experienced rehabber deal with an old boarded up, built in 1880, total gut house for $225K (topic says 200K but it's 225K) where the ARV is $710K in Long Island, NY? ne...
My condo is in Minneapolis. The value is approximately 190,000. I owe 64,000 on it and purchased it at 145,000 4 years ago. My monthly payment is $1,200 (including HOA-275 and taxes) and I could likely rent it for $1,...
Hello all, my name is Janice and I am a licensed real estate agent in Atlanta, Georgia and a new real estate investor. I am here to network and build successful business relationships with both new and sea...
I have two properties (a duplex and SFH) a family member is offering at deep discount, he needs to short sale. They are in Miami & I'm in WPB so, too far away for me to use VA or FHA as an owner occupant. Neither...
My name is Sakarin, and I am a new member of BP & an investor looking to build on my first deal in North Central and Central Arkansas. I am looking to network with other investors, build a renovation team, and sca...
Hi all,I am looking to partner with a friend of mine to purchase some rental properties. I will be funding the deals and he will be finding the properties, diligencing, and then managing the properties. What does the...
Hey guys!
Looking for the extra push to sell or hold my southern California condo. I have about 200-220k of equity in my place. After owning for 6 years, my expensive HOA (340/month) is really dampening my cash flow....