Clarity please! When calculating a potential deal, is the "Rule of Thumb" 70% or 75% (i.e. ARV x 70% - Rehab = Max Offer)? Also, any recommendations for estimating rehab cost (i.e. ARV x 10% + $10k = Rehab Budget)? I'...

10 unit, 1bd/1bath studios. 
Rents @600 each. 
Asking 150k but the caveat is the owner pays all utilities.  
What are your thoughts on this scenario for a first deal?

Hi,We are evaluating an Office space for sale with an existing tenant in place. Tenant signed a 5-yr lease with one 5-yr option to extend and right now, they are in the first year of lease. Tenant is a national franch...

Hello All,
I am planning on buying a multifamily owner occupied property shortly in Jersey City NJ. 
I am trying to compile a full list of costs/allowances that I have to account for on the front end when doing my d...

 Called a bank today and they are seeking 5.25% with $4,500 closing costs for a 90k loan on a rental with fewer than four units.Both the rate and the closing costs seem high.
What are others seeing these days?
Thank...

There was a tenant caused fire in my mother's 10 unit building earlier this year.  The tenant was evicted and we have documentation showing that it was caused by them and showing they were subsequently evicted.  There...

If one were to use the CAP RATE method for calculating the value of a commercial property, if all the leases are triple net rather than gross, would you simply divide the gross operating income by the CAP RATE? Am I ...

I've seen condos at life prices. Ate they a good investment?

Hi BP!  Quick and easy question for all the new or soon to be new landlords out there.  What's your biggest fear of becoming a landlord?I am here in Chicago and have had pretty good luck so far with decent tenants, ho...

Hey guys I'm looking for some feedback on a triplex that I am looking at.  I believe this is a good deal and want to ensure that I'm not missing anything, plus i have a few questions.  I will be occupying the smallest...