Tyler Hallman
Cap Rate.. based on previous owners purchase
I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...
Gabriel Starms
Evaluating Deals with unique circumstances
Hey BP fam! After a week or so of prospecting I've came across a few good leads out of thousands. However, some of the opportunities have unique situations that make it hard for me to analyze, and would love your guys...
Weikang Chen
Self-Directed IRA Account
Anyone have any experience using a self-directed IRA account to invest real estate?Please share your experience and tips.
Also which custodian do recommend to open the account with?
James L.
My first multifamily deal
Hey everyone, so I have a duplex in round rock. I'm kinda nervous, I ran the numbers it seems ok but some feed back would be appreciated.So have it under contract for 180k, 20% down finanacing 135k @ 4.3% for 30yrs. I...
N/A N/A
About to close on my first condo...and a few questions...
Hey all,
Just wanted to let you know I'm about to close on my first Condo. It's about 10 mins south of downtown chicago. I'm about to close at 157k but the appraisal came back at 165k so I guess that's good.
Recent ...
Daniel Sabato
Cost of a Good CPA to Handle Your Taxes
What does a good CPA cost when tax time rolls around? Now I already know that this is a "it depends" kind of situation and I understand that. I'm just looking to get a ballpark idea of what would be an insane number. ...
Jay Levy
Property Swap - 1031
Has anyone had any experience swapping properties. I’m trying to sell a property for another property, Entity A owns Property 1, Entity B owns Property 2, we want to swap our properties so that Entity A winds up with...
Becky Engel
Need creative financing ideas to sell my condo in OHio
I'm trying to sell my lovely condominium in Ohio. I had an offer of $115K but the buyer was unable to get financing at the last minute. He had wanted to move in on closing day. I was notified 2.5 days before closing t...
La'Terrius Campbell
Cap Rate on Vacant Multifamily
How do I figure out a Cap Rate on a vacant multi family considering it doesn’t have any income at that moment, but could rent out 750 a unit and it has 7 units?
Astrid Ortiz
Lenders with low interest rates
Im trying to buy my first home but the interest rates are not helpful right now. Does someone know of lenders that will offer lower interest rates for a buyer with excellent credit.