Andrew Angerer
Chapter/ book recommendation
Hey everyone, I would like to suggest to newer members, a specific chapter of a book for anyone who is unsure about how to vet a property to find out if it is cash flowing or not. This would be a perfect read while ...
Account Closed
Sales Books
Hi everyone,Been doing a lot of reading lately and want to pick up a couple of books on sales. Not sure which ones I should start with, so I'm asking all of you brilliant men and women to make some suggestions. What b...
Justin Young
What determines the Class A,B,C,D?
Aloha BP!Listening to Jake and Gino's podcast yesterday, they were discussing owning properties that are Class B+ to C+ and why they pick those type of properties. My question is what determines the different classes?...
Jordan Burnett
Investing in Public REITs (eg EQR) For Pricing Concessions
I know this is not exactly a mulitfamily topic, but it is related. Are any of you taking advantage of the pricing arbitrage on public REITs during this pandemic to get ahold of some actual discounts? Pricing concessio...
Amber Arsenault
Difficulty Getting Applicants that Meet our Standards
My husband and I have jumped into the world of real-estate! We have done a lot of reading, found a property where the numbers checked out, and are currently screening potential tenants for the multi-family unit that w...
Denny Knapp
How do i know how much the rehab will cost?
Hi BP community. I just joined BP pro and im stoked to get started. I seen somewhere where there was some info on how to estimate how much the rehabs will cost i just dont know where it is. also can someone tell me ho...
Raj Parwani
Multi family :calculating purchase cost
so lets say the NOI is 100K . if you want to know what price to offer , would you use 6% cap rate or 9-10% cap rate. With 6% cap rate you would offer 100K/6% = $1.67M. but with cap rate at 10% : 100K/10% = $1M. How do...
Josh Hay
Spec Homes
I have the opportunity to buy 200 spec homes built by a national builder. They are at 70% LTV. Is this a good value? It is in a major city.
Kiel Wahl
Question on analyzing properties
Hi everyone, I am a new investor who does not yet own any investment properties. I have been reading a lot and have started practicing analyzing properties off the MLS, estimating expenses, and determining if they wil...
Arthur Voskanyan
REI MultiFamily & SingleFamily
When deciding to pick a property to invest in, for example a MultiFamily, what are some indicators that one looks into? Of course price, vacancy ratio in that area, rent to value return, and comparable rents, does a n...