Nicole Harrington
Looking at my first deal
Is this a deal or not?
I am looking for a longer-term rental The property needs a little TLC could be rented out right away or do some small TLS and get the higher calculated rent.
PP $310k GAR $25400 Total e...
Phil B.
Cap rate % is higher than cash on cash %?
Does anyone own properties where the CoC is lower than the cap rate? Numbers below. Thanks Fully occupied 24 unitsGross rental income $213,613Tax $25kInsurance $6,252Water $12kSewer $17kComm. bldg & common area Ga...
Pavan Gupta
Considering Prefab Category 2 Detached ADU options in Oakland, CA
Hi!, I'm busy investigating prefab options for a 1000 sqft, ideally 3br pre-fab option to throw behind my home in Oakland, CA. The lot in question has a very large and empty backyard, so it'll be easy to carve out 100...
Tony Chen
Advice on purchase to lower housing costs in NYC
Hey BiggerPockets,
I am looking for some advice on my first purchase for a primary residence to lower my housing expenses in NYC. While also being within 1 hr commute to manhattan for my W2 job, not living in an unfa...
Brittany Stradling
STR Smoky Mountains
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $425,000
Cash invested: $23,000
1 bedroom short term rental in the smokies
Will G.
Big reduction in noi?
Pocketeers, Looking at an 18 unit deal, 2016 had a noi of $72k and 2017 noi of $49k, due to lower gross rents and a bunch of needed cap ex on 3 of the units. How does one derive valuation with such different noi's?Wha...
Sippy Hira
Cap Rates and Gross Rent Multipliers
I'm trying to get my head around cap rates and gross rent multipliers. I have a basic understanding of both, however, I've been told that for multi-family properties, I should pay more attention to the gross rent mul...
Elizabeth Woolf
If cash flow is the same, better to buy less or more expensive...
I'm looking at 2 types of homes. Both would give me about $500 positive cash flow.1. $500 monthly cash flow, higher mortgage payment, higher depreciation expense, slightly higher appreciation expected.2. $500 monthly ...
Bette Hochberger
How Property Taxes Affect Home Affordability
Prospective homeowners, consider property taxes when budgeting for your home. They can vary widely and significantly impact the overall cost of homeownership. When calculating what you can afford, factor in these taxe...
Dave Bingham
Multi-family expenses
Hi Gang!I used to work in an appraisal firm that handled market studies and appraisals for multi-family such as apartments, assisted living facilities, and nursing homes. I'm getting back into apartments as an investo...