Here's a 8 plex I've been looking at in San Jose,Owner is asking 2 Million and has rejected 3 offers 1.7 mil, and 1.8 mil.The property is located right off of the 87 in S. San Jose. It is close to a large new apt or c...
https://www.biggerpockets.com/...I have been using the rental calculator, and hopefully i'm putting in the data correctly and conservatively. When i generate and look at the report, what are the main things i should b...
Hello I am 19 and soon to start wholesaling, can someone PLEASE look at this and tell me what is wrong with this/ how this is not the true reality... it seems WAY to good to be true it is literally insane, but realist...
Hi all,Does anybody have a reason why we use a higher reversion cap rate in our analyses besides for the sake of being conservative?I've heard that one should add 10 basis points per year to the purchase cap rate to d...
I understand the concept of the Cap rate as a factor in the asking price and NOI. But I still need to understand how the cap rate can be justifiably fair. How can I safely put a cap rate just based on my asking price ...
Hello BP!I am currently building out my funnel of leads for multifamily properties in my market. I understand the basics of underwriting, but I am curious how you screen deals and narrow down leads to a subset of prop...
I am looking at an 8 unit apartment. Four 1br, 1ba and Four 2br, 1ba. I just got financial information and since Jan 2016 the income is up and down several times. They lose tenants, then get some units filled, then th...
Hi All,I was hoping any landlords or flippers could shed some light on how they calculate the cap rate of a rental or flip? I know the formula is Net Operating Income/Gross Rental income. But what I'm not sure is how ...
Hello BP,I know this may seem like a dumb question, but I'm new to RE investing and want to make sure I doing things correctly. I have my eye on a property and want to plug it in to BP's deal analyzer. It's asking m...
I'm currently looking into hacking a duplex home (also my first investment), and I have a good estimate of what the cost and monthly expenses will be on the particular property I'm looking at. However, I'm not sure ho...