Derek Williams
Thoughts on competing with a big player
I'm looking at a park in the midwest that is a fantastic property from the numbers. It's a small park with about 40 lots in a city of about 70000 people. 30 lots are filled by tenant-owned homes, the other 10 lots are...
Andrew Brecher
help on identifying the best areas to buy real-estate investment?
Hello! I am new to real estate as well as biggerpockets.com. I am hoping for some advice/ direction on ways to identify the best areas in the country for buying to rent or buying to rehab/ sell. Is there an efficient ...
Jared Trindade
Real Estate Market In Greensboro NC
Don't miss the green in Greensboro.
Greensboro is a perfectly situated city in North Carolina. While being more North in NC, it sits perfectly between the Mountains and the Coast. A smooth 3 hour drive to the beach,...
Tyler Kesling
Check my work
One week into my journey and I'm starting to analyze deals. I found 80 units / $5M / 95% occupancy / 6.11% cap (claim) / $305K NOI / also included in the listing is comps stating we can get an extra $200+/ month. I fo...
Jon Klaus
Has your market peaked?
How do you see your market? Have sales or prices peaked? What are the unique characteristics affecting your market? Where do you see it in 1-2 years?In Austin, sales are still high, but down a little from last year...
Christa S Rickard
First time investor looking for a check on expenses
I've only analyzed a few packages thus far and would like some feedback from those with experience. I found a 6-unit, C class property in NC selling for $222K with a 9.7% cap. All units are 2bed/1bath. The actual rent...
John A
4Plex Evaluation
Hello All!
I'm a bit of a newbie and I'm looking to purchase my first 4-plex. Please note that this is in California, so the rate of return may not be like that of other markets. Nevertheless, please let me know if...
Nick Brown
Broker providing different cap rates. Which to underwrite with?
Hey!I'm trying to underwrite some properties and a broker often sends info like this:Currently 65% Occupied. The Projected Net Annual Operating Income at 100% Occupancy with units leased at market rates is $109,500 ...
Nathan Joens
Its a BIG Deal.
Hello BP,I am a college student from Iowa who started a Real Estate Investing Club on campus and for my first club meeting I want to make a great impression on my club members by giving them a concrete case study that...
Steve M.
Valuing Small Mobile parks/parcels
First, I apologize for the length on this, but I err on the side of too much info to start with.
I'm looking at a mobile deal to wholesale and am wanting some advice on best practice to find the ARV. It's somewhat of ...