James Saturley
Help understanding (maybe) CAP/NOI/PRICE
Hello BP. I'm not sure if I'm having a difficult time understanding the relationship between Cap rates, NOI, and Price. Maybe I'm not, but the prices that multi-family units are selling for in Tampa, don't make sens...
Roy Assaf
How Do I Find What's the Cap Rate for my Area? (NY)
I have a question for the buy and hold investors,We decided to start looking for a small multi-family in the NY area (Bronx, Brooklyn, and Westchester) to keep as a rental property. We are studying every day about it ...
Jeffrey Chang
Should I ask my tenant to pay for this?
Hello.I have a rental property that I manage.Tenant complained of sewer smell coming from the basement so I called a plumber to come out. The plumber found that a cap covering the sewer pipe was opened by boxes that ...
Corbin Jones
FHA financing on owner-occupied fourplex (second investment)
Hello,I have a few questions regarding using an FHA loan to finance on a fourplex. I've read plenty of blogs about the benefits of FHA & conventional financing to house-hack and owner-occupy properties. I currentl...
Jane A.
To sell SFH with tenants or without?
I am thinking to sell SFH in good area of Kansas City MO. It is in a good quality neighborhood with good quality tenants staying there for 3 years already. It is easy to sell without tenants because it is a desirable ...
Kyle Meyers
How to tell if a deal is good with owner financing
I recently read this blog post and it brought up some new questions for me.
http://www.biggerpockets.com/renewsblog/2011/07/21/using-seller-financing-to-acquire-properties-still-works/
The concept of the post is that...
Nicholas Miller
Commercial/Residential Appraisal. comps or cap rate?
I own a building that 8,600 sq ft it has two commercial storefronts, a two bay garage area and 6 residential apartments. Comps for the building are... seemingly impossible to find as the only buildings like it are so...
Mike Nelson
Owner oversight of managers authorization on spending on repairs
In a 425 unit property managed by a professional property manager, what is the upper limit manager shoud be able to spend on making a repair without getting permission from owner? Sometimes times is of essence in giv...
Alfredo Corral
Exposed nails on last row of shingles for sloped flat roof.
Hiw do I cover nail heads from last row of shingles? I started from bottom to top of aloped flat roof. Nails are above drip edge.
Garrett White
Low Income Investing
As an investor, what is your limit regarding investing in Low income areas? For instance, I just saw a MF in a low income area come on the market that is around a 12 cap. The property is located in an area where the v...