When stabilizing a unit and getting your NOI in a good spot: How does the bank determine the value of the property without a cap rate? If all you have is an NOI, who sets the cap rate, and how?
Hi there,I have 2 MFU's in the Metro Atlanta area totaling 8 doors. I live in California (can't invest here, too expensive, and I am ok investing out of state). I just started investing in late 2022 but my properties...
Hoboken/Downtown JC have seen some robust appreciation growth over the past 5 years or so. I'm wondering whether investors feel that we are at or close to the top of the market in the area or if we'll continue to see...
Hi All,I'm a new real estate investor who's been trying to aggressively network with out of state parties (realtors, property managers, lendors, etc) for making a potential purchase.Due to distance, I'm worried out-of...
Investment Info:
Single-family residence fix & flip investment in Matlacha Isle.
Purchase price: $280,000
Cash invested: $750,000
Sale price: $1,500,000
Bought a double lot to build two $750,...
Dear BP,See below a video on the local CBS station & article about millennials in Indianapolis. The Fountain Square neighborhood is profiled and FS Houses ( @Ryan Mullin @Ashley Mullin ) is mentioned.Millennials ...
Does anyone have insight to the rental trends in Hobbs, New Mexico? Or possibly Carlsbad, New Mexico / Midland, Texas / Odessa, Texas?Given the weakness of the Permian, I would expect to see rents decreasing and vaca...
Hi everyone,First time posting here!I’m thinking of buying a 4th floor one bedroom in walk up building (no elevator). Plan is to buy, rent out, and hold. Have any of you had experience with high floors in walk ups? Is...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $117,000
Cash invested: $11,000
3 Bedroom, 1 bath bungalow with many updates! Fenced in back yard!
What ma...
Hey guys,Finishing up a flip in Northern Colorado, and debating whether or not to install a condenser for A/C, roughly $5k in additional expenses. I'm wondering if I'll get that $5k invested back or more on the sale, ...