David Calme
First Building - Looking for Advice
After looking for a building local to my area with a decent potential cash flow, I have found a 19 unit building in a rather remote northern suburb of Detroit (Northern Macomb County for those of you that know the are...
Billy Mehlinger
Need advise on potential Duplex
Hey BP!I was hoping to get some input on a potential opportunity that has come my way. I have yet to see the property but I ran some very conservative numbers and am still showing decent cash flow. The duplex has alre...
Katie Johnson
825k a year investment- what should I look out for?
Here are the numbers
44 Unit multi-family for sale $12,618,052
Gross Rent Roll - $ 918,000
Total Expenses - $92,950
Net Operating Income - $ 825,050
I think this is a great investment, on a large scale.
However...
Ivy Liu
Cash refi to buy income properties
I'm a part-time investor and looking for advice on how to have my real estate investments cover their own mortgage/expenses. I'm working with two investment properties.
Property #1: has had significant equity, and...
Issac P.
My First Post and First Deal!
Hi all!This is my first post on Bigger Pockets but I've been following the forums for a while and have listened to almost all the podcasts!I'm looking at a non-MLS duplex deal I found in the Minneapolis area in a neig...
Justin Martillotti
Could this Duplex be as profitable as I think it is?
Hey Everyone,
I am looking to get into real estate investing and I'm trying to learn as much as possible when it comes to assessing a property. Id like some feedback on a deal I found.
I found a duplex near my h...
Ben Mizes
Maintenance / Capex for lower income large apartment from 1960
My partner and I are looking at a 128 unit complex that's made up of 8 16 unit buildings, with a average rent of $450. The building was made in 1960.We're not entirely sure how much we should project for maintenance /...
Bab Adetiba
24 unit apt complex Class C
16 (2/2) and 8 (1/1) units. I'm very familiar with the areaFrom P and LGross income: $145,000Gross expense: $53,000NOI: $92,000Asking $1,000,000Weird expenses are $0 for landscaping and $90 monthly for electric. That ...
Tyler Miller
Mobile Home Park Analysis
Hi Everyone,I am looking at a MH park deal. 21 Total Spaces, 4 of those are currently vacant. New spaces are renting for $200/month, but most of the tenants that have been there for years are paying $130/month. It is ...
Helene Goodworth
Triplex in NY with section 8 tenants already in situ
Please tell me this is as good as I think it is. I feel like I am missing something. I don't have financing yet but will be getting a DSCR loan for it. List price is $675000 but he said that they would accept an offer...