John Ringgold
6 Units (3 duplexes) ... help w/ value with the income approach
I have happened upon what seems like a nice opportunity with 6 doors. As a Realtor, I can typically find comparable sales, but in this case I can't find any.I chatted with an appraiser friend who said because it is 6...
Matt A.
Is Cap Rate a dependent or independent variable?
So my understanding is correct:
The figure represents how productive the property is relative to its value.
The three figures (NOI, value and CR) seem to flow in a circle
Rental demand drives rent price
The expected ...
Jason Jenkins
How does one evaluate vacant commercial properties?
Bill Gulley,
How does one go about evaluating a vacant commercial property?
Breann Acuna
Duplex Strategy Question
Newbie here and hoping to make my first investment property a duplex. Would it makes sense to use one unit for LTR and the other for STR? My thought process is an LTR could offer more stable/ consistent cash flow and ...
Angelica Polio
North Jersey Real Estate
Hi all, My husband and I are trying to purchase our second property in North Jersey. We have a duplex in Clifton, NJ that was purchased back in 2015 without using the BiggerPockets principles. This time around we are ...
Nancy Parris
Becoming a property manager: question
I live in a condo complex as an owner. It’s a very nice place with great amenities and is kept up well. There is a unit in our building of which the single owner died (death did not occur in the unit), and the daughte...
J. Lancaster
What should I say in my letters to Probate Leads?
Unlike a lot of the people I've seen comment on the subject i Kind of like going down to the courthouse doing the research to locate Probate leads. But I'm at a lose on how to SPECIFICALLY word my yellow. Should I ...
Aditya Namjoshi
Impact of recession, low income neighborhood properties?
I am a newbie and I am just amazed at the success stories on this wonderful forum. But I am little apprehensive about this model and I have few questions. I would be obliged if few experts can chime in.1) I live in So...
Jeremy VanDelinder
Looking for some help in the Los Angeles Area
I'm looking for someone resourceful that can do some legwork for me. There is a vacant house in my market that I've been trying to contact the owner for months: calls, texts, Facebook, etc. He lives in Rosemead and ow...
Joel Phipps
Looking to Refi my first Rental
So I bought my first rental property a few months back in a mid to lower income area of Orlando, Fl. I bought it cash and I am currently renting it out at $700 a month. I have no active credit as I have never had a ...