I know what the definition of a cap rate is but for some reason it's not sinking in. Can someone please elaborate just a tad for me?
Hello everyone, thanks for taking the time to read this.I have a condo that currently can sell for ~ $700k, originally purchased for ~$500k, 30 yr fixed at 4.625, currently rented for $2,800. All other monthly expens...
Related to the "Car Enthusiasts" thread. What vehicle(s) do you drive now and why was it your choice?
Hi,A tenant looks at the place while it was in move in move out clean up. She signs a one year lease on July 11th and the move in date was set for July 17th. She gave me $500 cash at lease signing $366 for pro rated J...
I'm working on a blog post for the BiggerPockets Blog and I'm curious:
How nice do you make your rentals before putting a tenant in?
Specifically, I'm writing about turning a primary residence into a rental, but t...
I've pondered this investment for 3 or so years now, in fact one of the condos was avail in 2012 and when I called to write the check/submit my purchase contract, someone had beat me by an hour or so and lost out.Clif...
I'm soliciting some feedback on a property portfolio that I'm putting together for potential lenders. I'll have one of these for each property that we've completed as well as a cover page detailing our company's finan...
Hey all, I've been studying real estate for about 2 years and just finally was able to put together my first deal. I found a nice townhouse in Flagstaff, AZ about a mile off off the NAU campus. I know personally that ...
Hello BP Community,
How do you evaluate selling a property that has appreciated 6 figures vs. keeping it as a rental?
Purchased a place to live in 2014 297K, could sell for $415,000 in todays market within a month....