Raj Parwani
Multi family :calculating purchase cost
so lets say the NOI is 100K . if you want to know what price to offer , would you use 6% cap rate or 9-10% cap rate. With 6% cap rate you would offer 100K/6% = $1.67M. but with cap rate at 10% : 100K/10% = $1M. How do...
Cory Anderson
Selling our duplex, appraisal coming back really low
Happy Monday everyone!We just finished a full (pretty much everything) renovation on our duplex that we put up for sale and received 3 offers, went into contract $16k over ask, 17 days on the market. We averaged 1 sho...
Forrest B.
South Tampa advice
BP,I'm looking for some advice on South Tampa. General guidance for people with families is to stay between Gandy & Kennedy. However, I see a lot of rental properties for sale south of Gandy, both on the MLS and...
Mark Costa
6-unit apartment building with RUBS implementation
Hello,I wanted feedback on a deal I am working on in the Syracuse, NY area. It's a nice neighborhood and close to amenities.I have an offer accepted on a 6-unit apartment building, which includes 5 1-bedroom apartment...
No Name
Auction?
Hello all, I am new to this whole government auctions thing - I was wondering if anyone out there has attended a live auction for a foreclosed home. I recently registered with GovernmentAuctions.org to find a car and ...
Account Closed
Philly HUD Deal - Renovation Details
Hello, everyone. I posted about having my HUD bid accepted in the Buying & Selling Real Estate forum yesterday. The address is 149 Pierce Street, 19148. Details are provided below:
Purchase Price: $120,00...
Michael Senia
First Time Buyer. Need Guidance.
I am ready to take my first step into real estate investing. I have consumed tons of real estate content over the past year or so and believe I have a good basis of knowledge to begin my journey.
I am looking to purc...
Kasey Ryan
New BiggerPockets Member Kasey Ryan
Hello there BiggerPockets community! This is Kasey Ryan. I currently live in Chicago, and I am finally looking to move out and purchase my first property! I have been doing as much research as possible at Bigger Pocke...
Cory LaChance
Locating the listing agent
My county's appraisal district has a website to view the tax rolls online. There are lots of properties that are owned by various banks that aren't listed on the MLS. I would like to know the easiest way to find out w...
Account Closed
Appraisal came back with 10% different SQFT than listing
Hi,I'm buying a single family house. Listed as 1,566 SQFT. The appraisal came back as 1,419 SQFT (147 SQFT difference). That's almost 10% and I think it's not negligible. Need advice and tips on what I should do next?...