Alfred Harris
Low income property grants
I was wondering if anyone knew of any program or grants to help fund low income Properties? All information helps. Thank you in advance
Cameron Price
$2.6 mil for 72 unit apt complex?
I'm still new on this forum and, by no means, a pro real estate investor, but I'm looking at a deal and want some input.Located in a town near me in a good location. It was built in 1970. Says it normally stays fully ...
Seth Hudson
8plex for sale at 150k but appraised at 88k
I am looking at an 8 plex as my first rental property. it was built in 1987 and comes with renters whom have been there anywhere from 2-6 years. It cash flows 100 each unit coming out to 800/ month. The seller has off...
Matthew Banks
How to manage expenses across multiple properties, LLCs, partnerships, etc.
Hi, we manage properties in a partnership and in a couple LLCs. We have Lowes and other accounts to purchase materials for repairs or renovations. Those expense accounts need to be paid with funds from the correspondi...
Spencer Brennon
Help Analyzing NJ Multifamily Deal
So I've been looking into a multifamily deal in north New Jersey, where it can be hard to find anything worthwhile that doesn't require a host of renovations. But I've found a nearly-turn-key 3-family (with optionalit...
Mark Gruetzmacher
Mobile Home Park Questions and CAP rates and your input needed.
Hey everyone, I was wondering what the typical CAP rate is for parks. Seems to me that it is usually higher than lower but I wasn't sure. Looking on Loopnet they are all over the board and I know if varies based on ...
Rob Gervais
Grand Rapids, MI - Cap Rates
Hello everyone,
I’ve been analyzing small 2-4 unit properties on the MLS for a couple of months in Grand Rapids. If I use 25% for expenses (5% each for vacancy, capex, R&M, and 10% for PM), most houses hover rig...
Domineque Taylor
Why do people invest in Illinois with taxes so high?
I live in Illinois in lake county and I want to buy property were I'm at. (Currently renting). But then I thought about it and wondered what keeps people buying rental property in Illinois when we have the second high...
Mason B.
too good to be true? What am i missing here?
Hello from Chicago, New to real-estate and potentially interested in starting with multi-unit properties here in Chicago. I been doing some light searching around and found some pretty impressive numbers with relati...
Eric Carbrey
To jump or not to jump.
There is a fourplex for sale in my city that started at $149k I have talked him down to $140.I am very interested in the unit. Here are some hang up I have. Right now the tenets are in a program that get homeless peop...