Cap rates have compressed over time. Locally in the Chicago suburban market, a 6% cap rate is common and to be expected. With rising interest rates, I've heard push back that cap rates don't make sense and deals aren...
I looked at a sixteen unit multi family today. It consists of two buildings. There are a total of three gas boilers for heat. The landlord pays heat and water, but each apartment has it's own electric meter and then t...
Hey everyone. I'm thinking about pulling the trigger on a 4-family in the Cincinnati area as my first REI deal and was hoping to run it past a few of the more experienced investors here on BP. I would be purchasing ...
I am in the infancy phase of even exploring this idea, but was curious to see if any other apartment operators have looked into installing solar panels on their buildings to reduce utility expenses? My gut says there ...
I own about 50 acres that could be developed in central Texas. It is in city limits and a couple thousand feet from a large mobile home park. Some run-down double-wides there rent for $1400/month.The immediate neighbo...
Hello,My first and only rental property I purchased in 2007. It is a 2b/1b 2 Unit Duplex and was purchased for 240k and now worth 130k (for obvious reasons). Due to the recession I had to lower rents to stay competiti...
I'm considering doing 1031s out of a few SFH on the west coast and purchasing some small apartment buildings. In researching different markets I find deals like this:http://www.loopnet.com/Listing/5175-Warrensville-Ce...
Hello BP,I am having trouble deciding including utilities as a flat fee in the rent. I know utilities fluctuate based on usage, the season and the market (I'm in Connecticut) but since I'm house hacking, and only one ...
Real Estate “Enhanced ROI” Techniques
Summary of advanced techniques used in real estate transactions to enhance return on investment, yield and velocity of capital resulting in greater wealth
1. Sell a property w...
Hello all,
I am speaking with a loan officer in regards to house hacking with FHA loan and they keep recommending I use a conventional, due to the fact that there is too many extra steps associated with FHA loan and ...