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 ...
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...
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...
Nader Hachem
How Are you guys approaching Rising interest rates in your deal A
I'm looking to get my first long-term single family rental. I plan on buying and holding these rentals for the long run.. 10, 20 years. Right now, rental interest rates are a around 6.5-7% from what i see. How are you...
Ashby Tyler Cappelmann
Turnkey Property Analysis
Hey guys!I wanted to get some advice from some more experienced turnkey real estate investors. I'm currently reviewing the purchase of some turnkey properties in northeast Ohio. The company is very reputable and recom...
Ayodeji Kuponiyi
Potential Deal? Smart People Please Chime In
Found an 8 unit apartment. They're asking $515,909. Cap Rate is10.93. Total monthly Income is: $6,380 & $$76,560/yearThis is my analysis:I used conservative numbers such as 30% financing and estimated 55 expenses....
Antwoine McCoy
Use HCVP (Sec. 8) Sub Market Rents to analyze deals (DC area)
This post is for my DC area (DC, PG, MoCo, Alexandria, etc.) investors and interested investors. I have been using the HCVP Small Area Fair Market Rents as a basis to running my numbers when analyzing possible invest...