Hey BP,I am analyzing my first multifamily property currently although I do own a few single family properties currently. This property is a 6 unit (1 - 3bd, 2ba; 4 - 1bd, 1ba; 1 studio) and is adjacent to a local col...
Hello everyone, I am fairly new to the real estate world. I have been in the words of Grant Cardone "obsessed" with real estate and my goal is to own 1000 doors. My goals are to buy n hold 4 units and up for cashflow ...
I found a 14 units about 2hrs from me and am trying to see what I should offer. The seller is motivated, she has a loan that will balloon in 5 months. She is an out of state owner and the property manager (a family...
Where can I get steps on how to analyze deals?
Price 1% rule =desired rent164,9000.011649Des Moines, IA 50311price 164,900MIP 0%total closingclosing co 250002500monhrent 3,600.00repairs2000cosmetictotal cost171,944 Loans price 164,900Down % |downpay329802...
Hello everybody!!
I have just had my offer accepted on a 5unit. I’m in the process of a commercial loan. This is my first commercial property I own a townhouse as well. The rent for this property is 325$, 500$ , 5...
I told my real estate agent that I was interested in investing in a duplex or triplex and she flagged a property that has a 2/1 SFH with two 1/1 SFHs on the same lot. I'd basically be buying three houses. Assuming ...
Fellow BPers,I found a commercial retail property (strip mall) that I am interested in but I have no idea how to evaluate it. I've never done any strip malls before. How do I run the numbers? How do I know if this is ...
Hi all,I need my numbers checked on this deal. My CoC return seems very high, and I am sure I'm not accounting for my expenses correctly. I'm used to 8-10% maintenance on a SFR, but should I be assuming 8-10% per side...
I'd like to hear some opinions on a deal I am negotiating. I am looking to wholesale a 3Br/1 occupied row home bringing in $650 a month. The owner is a tired landlord that would like to make $70k on the deal.
...