Hi Biggerpocketers, I was excited to have my offer accepted today, so then I was looking for landlord insurance and Geico, which the middle man, quoted me from sagesure Insurance for my SFR 200k in Cypress Houst...
I am looking to buy distressed multifamily deals all cash. My method of finding these deals are mailers and MLS. However, i do not know what a common cap rate or cash-on-cash return is for off market deals. I am looki...
Hi BP,I'm doing a cash out refi from a seller carried property I purchased in 2012. That same seller is interested in financing a new property for me, but with different terms. This is what his initial feedback was:...
Hi BP friends,I'm looking at acquiring a property for use as a short term rental (STR) and I want to know what the typical expense ratio is for a STR. I know the benchmark for multifamily is ~30%, but I haven't found ...
Hello BP,
I am trying to compile a list of markets to invest in. Do you use a benchmark market, or benchmark criteria to gauge the quality of markets? What criteria do you use in general? (Like Population, Criminal A...
I’m thinking it may be a great idea to start a group of several higher level investors (50 units and up) to create benchmarks, KPI’s, and outside opinions of portfolio. Basically an informal audit of ones portfolio.Th...
Any lenders here,What is the credit score requirements for VA loans??
An often overlook discussion of multifamily investing are utilities. While the topic may not be top of mind among most investors having a plan reading them could mean the difference between added income or incurring u...
Hi all,
I'm working on a flip in the North Linden area in Columbus, Ohio and am trying to reduce cost on windows and a small, 3-step concrete porch connecting the back door with the ground.
My costs for reference:
...
Let's say your intentions are generally buy and hold, medium to long term and you aren't refinancing every 5 minutes to churn new deals... What's would be your personal way of doing a broad stroke view of your perform...