I've got an opportunity to pick up a property for just below appraisal. It lies in the FEMA flood plain. It could possibly work as a flip but am consented about being able to sell it. Could get into it cheap for a buy...
Is it worth it to sue a roofer for a new roof costing $7200 that has leaked ever since it was installed (1yr) and he has walked away not solving the problem. I've also paid someone else to fix these issues and it's st...
Probably a noob question: Assume you buy a $100k property at a 10% cap rate the is cash flowing $200 a month (2% rule). After a “few” years it’s worth $200k but the same cash flow. What do you do? (And why?)
Can a 4plex be sold based on Cap Rate ever at all? Its in the East Valley of Phoenix near Arcadia if that helps.
What is capital gain tax rate on sale of rental property? Is it based on income? My income is only 35K.
Just starting on my rental property journey. I am closing on my first two properties in the next 30 days looking for the best source for keeping up-to-date with market-based rental rates.
I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...
Hello. I currently own a duplex with 3 bedroom units in a small college community (pop. 4100). I currently rent the units for $750 each on a one year lease term. Although I prefer not to rent to students, the area ...
Searching for my first multi unit in NY
Is it a good idea to base my criteria on the cap rate?
I have some SFH currently and want to add MFH to my portfolio but not sure what to look for . Thanks!