Anthony King
Actual NOI extremely low, not supporting asking price
I see a lot of multifamily listings that have the price set steictly on proforma numbers. I always hear to set your offer price based on actual rent rolls, T-12, current NOI. Cap Rate, etc. However, I come across a lo...
Jeff Kehl
Is your Cap rate 3% above your cost of capital?
I was listening to an Old Capital Podcast today and they had what I thought were some fascinating guests, Vino and Mangesh Patel. They started out investing in hotels in the 80's and switched to B & C value-add ap...
Tony Nguyen
Do You Ever Flip Houses WITHOUT Rehabbing?
Hey everyone,
I'm always so used to putting 20k+ into each house we flip to ensure the quality is there. I was thinking that since there are not a ton of deals that are crossing paths with us that make sense to put i...
Scott Choppin
Apartment Financial Underwriting - Part 1 of a 2 Part Series
In a few recent conversations with different folks, it has come up how they are calculating financial performance on multi-family projects. I feel the need to write an article on this, since in many of these conversat...
Jennifer Fernéz
Renting in a bad neighborhood
The market in our city, Reading, PA, is great to buy a 'great deal'. There is an abundant properties available for cheap, and the rent is high. The school district isn't so great and neither is the neighborhood. ...
Scott Strickland
Selling Partials
New to buying and selling notes. Is there a general rule of thumb on selling partials for performing and NPN and Sub-performing notes. Which partial strategy works best for the above note class. Looking at just sellin...
Karla Yanez
30 /60 /90 using list source question!
Good day guys! I have a question about using ListSource.com How do you narrow down a list (filter) to show all home owners that are behind in their mortgage payments? Are those people the ones whose equity percentages...
Tony Castronovo
To exchange or not to exchange - Is a 1031 exchange right for me?
I'm struggling with whether I can have my cake and eat it too. Situation:Selling my portfolio of 8 SFR's (6 I have had greater than 1 year and 2 I have had less than a year) for $1,200,000I need to get with my CPA to...
Cliff Kelley
How to Connect with Chinese Investors?
I know a lot of folks in China are looking to get their assets secured in the US, and I see deals all the time that American investors may not jump at that would fit international buyers' criteria perfectly. The probl...
Kyle Mitchell
Wholesalers for flips - Yes or no?
Hey BPers,I'm getting ready to do my first flip and wanted some advice on using a wholesaler to find my properties. Does anyone have any horror stories or reasons why using a wholesaler would be risky? Thanks,Kyle