John Sherron
Doing Due Diligence During Deal Discovery
Hey BPer's! Quick rookie question! When evaluating a property for the first time to figure the approximate rehab cost, should I, A: Find and pay a contractor (which I don't have yet) to walk thru with me or B: Should ...
Albert Lubin
What's a true OPEX ratio for a 10 to 15 units property?
Hi, I am a new investor and I'm contemplating buying a commercial property to hold. I've been using the general "50% of EGI" rule to analyze properties but I am curious what a "true" range is. I do have some questions...
Nishil Kothary
Assistance in Deal Analysis
Hi,
My name is Nishil Kothary and I am located in NJ. I am looking to buy my first property in the near future but I'm struggling with the deal analysis portion of the project. Does anyone have any tips on how to go ...
Derek Nemec
What Is Your Risk?.
I am VERY interested in your risk assessment and I'm looking to gather information and from your experience, help the decision be made. Thank you for your thoughts.3 properties: a 3b/1.5 bath home, a 1/1 garage apartm...
Chris Cantu
Short Term Rental Evaluation in Rockport Texas
I'm looking to buy an STR near the Texas coast and I came across this one. Anybody running STR's in this are to see what numbers can be expected.4bed 3Bath with pool that can sleep up to 14.
Tony Velez
50% rule
My question is this. If I use the 50 percent rule in my market. Most of these properties qualify easy. Do I make an offer then ask for actuals? There's many properties I want to pull the trigger on. Any advise?Thanks...
Anthony Borge
First Time Buyer - Investment Advice
First time home buyer, looking to buy an investment property in New Orleans. Looking to buy a double, long term rent one side & Airbnb the other side (due to laws in New Orleans, doubles make the most sense for Ai...
Mark S.
Targeted Occupancy for Multi-Family Syndication
What is a “good” target for occupancy on a mid-size (50-100 unit) apartment building? I’m invested in a couple of syndication deals where the occupancy had been around 80% as they work through turning the assets arou...
Laura Levine
How to determine repair/reno costs before making an offer?
Hi guys,
How do you determine how much a reno is going to cost? I don't have enough experience yet to estimate costs myself and I'm new to the area and don't have an established relationship with any contrac...
Lyons Library
New Investor in Multi-Family Real Estate Looking to Learn and Partner
Hey everyone,
I’m diving into multi-family real estate in Los Angeles and California and looking to connect with like-minded people as I build my portfolio. The market here feels like it’s on the verge of a shift—man...