In Northern NJ the real estate taxes are quite high so was wondering if the 50% rule makes sense in this case or should we separate out the real estate taxes separately when doing analysis? For example saw a 3 family...
As Hurricane Milton lingers about ten miles off the coast of Pinellas County, it feels like déjà vu. We just got hit hard by Hurricane Helene, and now Milton is charging in. This morning, before Milton makes landfall,...
Hi BP friends, been lurking here for awhile learning everything I can. I hope to buy my first rental (or an ambitious 2?) by end of year. So far I've read Real Estate Rookie, and am currently reading the BRRRR book, p...
This is a bit of a rant, but I had to get it off my chest.California, following in the footsteps of Oregon, once again is acting with emotion and without reason or a sense of how economics works by passing a cap on re...
I was reviewing recent MLS listings in Racine and noticed a 3 BR, 1.5 bath 2-story house in Racine that had been listed in October 2017 for $89,900. The house did not sell at the time. It was relisted in mid-July 201...
At my apartment complex they're raising the rent on a B class apartment by 20%, and my friends are seeing 10-15% increases at theirs as well. I'd like to hear some thoughts from you all on how crazy the market is righ...
Do you pay for upside potential when purchasing multifamily? Or should you only be paying for the NOI * Cap Rate?
As our stock market begins to recover, Covid-19 cases seem to be "slowing" down, and the economy seems to be through the worst of this pandemic, I am far from convinced this is even close to over. It seems we are seei...
Hi all,I wold love some feedback valuation on a small park i am considering;9 spaces on 4.25 acres outside city limits, 3 tenant owned homes with lot rent @ $160(below current market of $250)3 park owned singlewide ho...
Hello!I know there's no crystal ball or magic bean but I've been reading all the great advice that gets posted here and as a newbie I am hoping I might be able to get some guidance. I have recently been to Joshua Tree...