MarieChele Porter
Rent roll discrepancies
Hi all,I am in contract with my first investment property, which is a duplex in Garfield Heights, Ohio. I have just received the current leases and the lease terms are different from what was stated prior to contract....
Tony Velez
Help! Analyzing commercial propert
Can someone point me in the right direction on analyzing a commercial property? This property is from 1966 8 unit. It's been owned by the same family for decades. The rents are well under market value and the building...
Alexia N.
I have 2 important questions about wholesaling !!!
Question 1:When talking to a seller, you’re supposed to introduce yourself & say what company you’re calling. BUT... not everyone who is doing wholesaling is doing it from an actual real estate business. Some of u...
Horacio Gutierrez
Best place to find out actual rent price in a city
Hello,What site online do you recommend has the most accurate rental price for a city?Thanks,
Arthur Banks
Owner Occupied - How should I calculate expenses?
Sorry I clicked Post before I finished the title. Owner Occupied - How should I calculate expenses?
I'm purchasing a 2 unit that I will owner occupy (OO) for the first year. Expected rent $2300 fully rented...
Mohamed Mahmoud
Estimating rent for property
Hello fellow investors,
So I'm analyzing props in my neighborhood and according to my realtor, rents are pretty high and range from 2300-2800/month.
Of course if that were actually the case, I wouldn't be hesitant a...
Owen Busler
House hack analysis advice
Good afternoon all,Im looking at this house hack in Newark NJ. Its a 9 bed 6 bath 3 unit listed for 597,000. We heard there is an offer at 650,000 so that is what I want to match and I was wondering if yall could give...
Hui Shi serena loh
Need advice on how to find Pro Forma data in Bloomington, Indiana
Hello! Which websites do you use to get Pro Formas on Bloomington Indiana properties? I need the actual rent rolls and sellers' Pro Formas, to choose the right property to buy. Thanks for being helpful in advance :)
Matthew Morrow
1031 Question- into self owned LLC?
We have a client who is looking to sell one of his properties that is in his personal name, and use the proceeds to buy out his existing ownership share in a multi unit he owns. I don’t believe 1031 guidance would all...
Michael Kalisch
What cap rate do banks use in multi family appraisal?
Im analyzing a 6 family deal in NJ and trying to figure out the value after filling up the units and getting market rent. After all repairs and At market rent the cap rate will be at 8% So what is the the cap rate tha...