So I am looking at this proforma and I'm still new trying to figure it out.
7 units$1.3M asking price.$94k/yr rent currentlywell maintained w/ recent capital upgrades in last 7 years.appears to be nicely maintained.
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Have been a long time reader and felt like joining the fun. Please see below for an opportunity that came across the desk today.
Price: ~$635K
Units: 9
Gross annual rents: ~$91,700
Taxes: ~$6,000
I'm screening at t...
I've been in wholesaling for a year so far working under another wholesaler as an acquisitions manager. I'm here in the south florida market. I've only done three deals so far. Is that considered average by any means?...
I am trying to help out a friend of mine finding a loan for his business (and myself).
This is his situation:
He is a hard money lender. Specifically, he is a General Partner in a LP company with $11m of pure equi...
Hey guys, need some help on valuing a commercial bldg I'm presently renting now, with an option to buy. Here are the numbers:The asking price $2 mill, has an NOI of $212,000 a year. This would put it a 11% CAP rate. M...
My wife and I just bought our first duplex. With our local market we got into a bidding war above asking price but I bet that others are not considering the recent hikes in rents in my area. Purchase price: 283,000Ren...
Wondering if others are seeing in their market what I'm seeing in mine?
FSBOs as a % of homes for sale seems a lot higher than I normally see.
I have 5 older / transitioning friends selling their homes now through ...
As I'm evaluating rentals, I'd like to see actual comps for rentals under contract. Whether STR, MTR, or LTR. I'm actually targeting MTR specifically. I'm assuming I could go through an agent, but wondering if ther...
Good evening All! I have a couple questions about the local Fort Wayne ARV and rent markets. First, what is the average ARV on SFH's that are 3 bed, 2 bath and 3/1 with 1100-1800 sq ft? I realize there will be a ra...
Hi all,
I'm looking at purchasing a teardown to develop four condos. The boundary that the house is located in was rezoned from residential into a light commercial zone back in the 80s which allows for condos. For so...