Since property value of MF is determined by NOI and CAP rates, there are three ways to affect property price: Revenue, Expenses, and CAP negotiations.Specifically in the 20-100 unit space, if we define market as avera...
I keep getting beaten out on these cash buyers and 1031buyers and it's driving me crazy. I am actually underwriting correctly: 1. using the property manager's average expense per unit projections ($5000-5500) 2. u...
Single family home in class C area: Buying for $141k $20k solar loan paid @ $90/monthRehab of $12k to get rent ready Rent amount of $1,250/month Would appraise for $200k _________________________So, all in at $154k, w...
BP Members-
We are researching markets and have targeted a few to begin deep diving into for multi family property acquisition. We are targeting the B-C asset class with 5-25 units. The ideal property would have a ...
I'm currently calculating how much I can expect to make, given a potential rental property in a 2-4 flat multi-family property in Chicago. Does anyone have it documented on what they pay on average for electricity, wa...
What's an average expense ratio for a hotel? Just a rough, ballpark, rule of thumb idea. Say it's 70's built and in a B-ish area.
I found a real estate agent / property manager through my local real estate group. She manages about 100 units.
What type of questions should I ask her?
One thing I am going to try to get is roughly wha...
Im organizing the difference between minor, moderate, and substantial repairs cost on rental grade properties although my inexperience is hindering me. What would be a good price distinction between each category?
e...
Hello everyone, I have an investment SFH property in Houston that's bringing me $1600 a month. $5000 annual tax, $300 HOA annually, $1400 insurance, low maintenance fees. $75k equity. mortgage payment $571 but I have ...
If you were at a dinner party and a guest at the dinner party asked you this question, what percentage would you give them?"...what would you say on average is your total rental property expenses compared to the gross...