Hi Biggerpockets Community,I need some insight on a deal I've been working on and I'm eagerly looking forward for your expert opinions. I live in a neighborhood where real estate in really hot at the moment. I did som...
I am trying to get my hands around how to value a rental property based on all the metrics (NOI, cap rate, expenses, etc..)Ex: A 4-plex listed for $700,000. Gross income is $65,000 so roughly $1350 per unit average re...
Ex: $2,000,000 15 unit apartment with gross income of $270,000. NOI after 40% expenses is $162,000. Cashflow after debt service of $120,000 is $42,000. Cap rate is about 8% in this example. CoC return is 8.4% (assumin...
Hi all, I am evaluating a ~$1M property, first time in commercial. I am a little blind in this area (been doing rentals and flips past 6 years)- I see props in my budget but don't know about feasibility. Any SME's ...
In South Jersey, I need recommendations for investor friendly parking lot person and/or mason to install a drain along part of my parking lot and remove exisitng lines and restripe in new configuation.
Thanks.
John
Hi everyone,I’m looking for rock star real estate tax experts (cpa or tax attorney) in the greater philly area (montco and chester county specifically) that are used to working with investors and can answer tax questi...
There is a mobile home park for sale in my town listed for $194,500. This deal is land only. All the mobile homes are tenant owned. It is currently set up for 9 spaces, but with a couple adjustments, it can have 12 sp...
Morning BP!Came across a lead for a 9 unit building FSBO. What I do know: asking price is $300K, units rent for $300 a week, owner owns free and clear, per owner building on needs cosmetic repair, units are walking di...
Hello everyone,I’ve been a BP member for a few months now and decided now was the right time to reach out for some advice. I’m currently living in Bethpage, New York with my parents and was looking to buy a property t...
Hi everyoneI'm starting my BRRRR journey with my business partner. We are currently starting out our first 'B' phase and using BRRRR calculator on multiple properties a day trying to get in a good rhythm of being able...