Brian Fiorillo
Minimum number of units to determine value using cap rate
Good Morning BP,
My agent and general contractor are walking an eight unit apartment building for me today. Initial review of the numbers looks great. My question is, at what point are you using cap rate to determine...
Julie Muse
Highway 49 Lightning Sale: Doubling Profits with Seth Choate!
Investment Info:
Single-family residence wholesale investment.
Purchase price: $25,000
Sale price: $50,000
Contributors:
Peter Vekselman
Partner Driven, in collaboration with Seth Cho...
Jennifer Anderson
Strategies for owner financing contract
Greetings BP community!Thank you for your time, I know it’s valuable. What can I bring into an owner financed deal without cutting my own throat? I’d like to approach my landlord about buying the property. The prope...
Pedro Machin
Cost basis of subdivided land from a parcel with a house
Hey guys!I recently bought a .47 acre lot with a house on one side of the lot for 200K. A developer is interested in buying .36 empty acres of my lot for 150K (I want to keep the remainder acreage with the house). How...
Jeremy Porter
Guiding Your Inaugural Rental Investment: Insights from a Seasoned Property Manager
Embarking on your first rental investment journey can be both exciting and daunting. As a seasoned property manager with years of experience, I understand the ins and outs of the real estate market and am here to guid...
Steven J. Umaña
Will the housing market in Columbus remain "on fire"?
All, I currently own a duplex and a single family home in Columbus. As I make renovations to increase rents, I can't help but wonder whether we are heading for a crash in the market. With the transportation grant from...
Account Closed
Typical rent increase per year
How much do you typically increase rent per year? Is it different in a hot market vs. a slow market? Please share what market you invest in.
Jordan Fiore
Fun Post: New Property Scenario
Hey Everyone,
Just wanted to do another discussion post that could potentially give guidance to a lot of investors that are purchasing properties here in Cincinnati. It would be great for veteran investors to give th...
Joshua McGowan
BRRRR: Do banks use cap rate to appraise small multifamilies?
Question about the step in the BRRRR process where Banks appraise your property in order to determine value to refinance against:Do small multifamily (2-4 unit) investment properties typically get appraised based on c...
Chris Perez
Forcing appreciation by increasing NOI
6 months ago I purchased my first investment property. I used an fha loan and purchased a 4-plex for $575k. I put $25k+ in renovations into the most neglected of the 4 units and moved into that unit. I’ve already forc...