Rick L.
How tO determine YOUR acceptable CAP rate for a large property?
I'm actively searching to purchase a 10+ unit residential property. I'm struggling to determine what acceptable CAP rates (CAP Rate= NOI/Purchase Price) are for particular areas. I realize that CAP rates vary con...
Alex Rodriguez
Starting on the flip side
Hello,I was thinking of starting to flip houses and was curious of which to do first.should I secure a financing route before I start looking and making offers or the other way around?I am in the NE Metro Atlanta area...
Dennis Suratna
Negotiating on price of short sale
I am just wondering whether it makes sense for a buyer to give an offer less than the price posted. Based on my understanding of short sale, the posted price is lower than the value of the property when it was pur...
Justin Lee Taylor
Partnering on a big flip
Starting my first flip. ARV is 190,000. Got the house for 100,000. Rehab estimate is about 30,000 if i pay a contractor. I had a contractor walk the property and said material cost is about 10-15,000. I plan to live i...
Chad Clemons
Estimating Rents in Suburban Missouri
I'm thinking of turning my primary residence into a rental and then purchasing a new residence for myself. In order to decide if it makes good sense, I'm trying to determine what the market rent rate would be for my ...
Mike R.
letter from county assessor
Hi and thank you for your replies!Curious how you address letters received from the tax assessor (for us it is a county assessor) asking (demanding?) that we send P&L data for the property. clearly they are attem...
Rick L.
Calculating Property Value based on NOI (Net Operating Income)
I'm formulating a spreadsheet to assist me in quickly analyzing potential rental properties. I would like to calculate the property value based on NOI using the following formula: Property Value = Net Operating Incom...
Tracy Hoggard
Evaluating an Investment-ADVICE?
We have an opportunity to purchase a portfolio of about 30 doors (22 SFH/Duplexes). How do I determine the desired CAP RATE/Price? I have rental amounts (about 15% below market), all are on 1 years leases with auto...
Teyron Burden
apartment at a complex
just a general question about investing when you first start out..I see a good potential deal with an apartment at a complex..would renting out be a good idea and should I treat it like a multifamily? Say I rented it ...
Joe Martella
NJ Tax Lien - Time to Foreclose
I have a lien on some vacant land in Woodbridge, NJ that I am considering foreclosing on. I am looking for a realtor that can look at the property and tell me what the value is of the land in that area. I will then...