Hello BP family! I have a few questions about how to analyze multi unit properties. My questions are 1) when you calculate cap x, vacancy rate, repairs, trash, water and sewer do you always use 5% of the monthly rent?...
This is one of those questions that popped in my head while I was driving home from work the other day. Here we go.Say I have a tenant that, for the first time, pays rent 1-2 days late. After reading the 'late payment...
I flew out to Birmingham Alabama last week and drove around for a full day. I wanted to see the neighborhoods in person before I commit to investing there. I made a list of all the properties on Trulia that caught my ...
I have an off market opportunity. 30 pad trailer park, only 19 trailers currently on-site 17 with MTM tenants. Rent roll was ~$8K last month. They are looking to get $500K for the park. 16 of the 19 trailers are park ...
Hello Community! My husband and I are looking to flip our first property. We have a lot to learn, but are excited to begin our investment journey. We are hoping to find something in the north or east bay with good pot...
I have been noticing a trend. And the trend goes like this: the return on investment for those attending 4-year universities is decreasing substantially. For the amount you pay to attend college, it is in many cases n...
Good afternoon, I'm looking at a relocation to the Tampa area within the year. I'll bring some equity with me from selling my home in Ohio. After or during the move I am looking for my first multi-family investment pr...
I'm in a bit of a quandary at the moment. I purchased a property in pretty bad shape for about $1 million last year and spent about $500,000 on what ended up being a MAJOR rehab project. The city assessed the value ...
I'm still new to BP and would love to hear from some investors on this topic. I'm curious where others stand on holding cash now or investing, particularly in California and Sacramento, where I live. The financial mar...
I was reflecting on some of the initial impressions people have about multifamily syndications today, which prompted me to dig a bit deeper into the ‘why’ behind comments I’ve seen on message boards & social media...