Rahul Bhatt
First Multifamily Lakewood
We are under contract for our first small apartment complex in Lakewood suburbs of Cleveland north of Detroit ave. cap is around 7%Asking is upper 400k Neighborhood b- blue collar Rents are around 7k Wanted to get an ...
Michael Hooper
Individual Metering Conversion
I'm looking at getting around 30-40 unit apartment complex in Cincinnati, OH. It seems that almost every complex in the area pays for water. Does anyone have experience switching a property, if possible, in this area,...
Taylor Holden
How to figure out if a property is mismanaged vs. not profitable
Hey guys, I’m newer to bigger pockets but have been running my own home as a rental for 2 years now. I thoroughly enjoy it. I’m looking to branch out and become more profitable in the passive income business. So I’m c...
Katherine Wieser
Need advice on possible purchase
This is in Canada, but I think the principals of renting are essentially the same as in the US.
Asking Price: 249,900 - older building that .
Pluses: Long term tenants who want to stay, building has been decently...
Travis Soileau
13 units for $150,000.00
Hey everyone I found another buy.
I talked to a real estate investor that is ready to get out of the market. He is ready to start unloading all his investments. He is 67 years old and ready to start getting out of th...
Will Parker
1% rule for large multifamily (10+)
Hey BP!For those of you buying large multifamily properties (10+ units), are you seeing the returns you want if you utilize the 1% rule? Looking to learn more about the general viewpoint since each situation will be u...
Serge S.
56 unit apartment complex - raising rents and submetering timing
Hello BP Nation - I am happy to report that I will closing on a 56 unit complex this week. I will post more details regarding numbers but the short of it is as follows:
56 unit, class B building in class B ar...
Omar Ruiz
32 Unit Apartment Complex in Houston TX
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $650,000
Cash invested: $225,000
We purchased a 32 unit apartment complex just outside the down town a...
Nicholas Patricio
How do I calculate Fixed Landlord-Paid Expenses? Orlando, FL
I'm analyzing deals in the orlando area and am having trouble finding out the fixed landlord paid expenses, I searched around to get the average bill for a 4 bedroom but I'm not too sure how to be certain I am doing i...
A Schweda
Looking at this Condo, good deal?
I am looking to purchase a condo in a decent area, imo ( Phoenix AZ).Currently it is on the auction site Hudzu.com. Currect bid is $42k. Asking price is $60k.Here are the numbers based on a $50k purchase price: C...