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If someone is asking 600k for a building that has a 5% cap rate, 30k NOI and i purchase it at 500k. It wouldnt be 5% anymore, correct? Cap rate confuses me a little bit, because that cap rate would now be 6% not 5%. ...
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I'm really burning out on dealing with trades people, and looking to hire a GC for my fix and flip business. Does anybody know a good GC in the Phoenix, AZ area? Thanks.
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Hello BP,What kind of cap rate can I expect for value-add class C property in class C+ neighborhood in the Indianapolis area? 20-30 unit buildings with price range between $1M-$1.5M. I would especially love to hear f...
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I am a flipper by trade, short term money, in and out in 6 months, maybe on the furthest outside 9 but I have never hit that time on a property closing too closing yet.
I am seeing huge potential in selling via C4D o...
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Cannabis-use focused publicly-traded REITs such as IIPR have outperformed their non-cannabis publicly traded peers, but there is still the volatility of the market fluctuations of the stock price regardless of the REI...
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After 3 weeks of waiting I finally have my appraisal in hand. I just talked to the lender I started the process with, and they said it's going to take another 30 days to close the refinance. That seems stupidly long. ...
Hi,New to BP. Multi-family owner starting first flip project.My question is on the structuring of my partnership.I am related to my partner and he is also a Realtor? How should the commission he makes be handled?Shoul...
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The trades are lined up but we're responsible for the dumpster, temporary fence, and portable john. Looks like National Fence is the main fence company and LSR has porta-potties but they never pick up their phone. If ...
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How to tell when a Contractor is ready to invest for their self . And what are some of Contractors pet p's .
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How come Biggerpockets doesn't have a step by step books and webinars on how to analyze, rehab, fund, and refinance apartment deals for beginners?