My partners and I just put an 8 unit apartment and 6000sqf warehouse under contract. My question is since it is pretty much a commercial property, how is the value of the property determined.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $95,000
Cash invested: $120,000
SFR 3-2-2 in Carrollton with full rehab, rent and refi
What made you inter...
Hello, I am super new to this community/real estate. I want to get started with multi family units. My goal for this year is to learn as much as possible. I found this apartment complex on loopnet. http://www.loopnet....
When pulling together quick calcs to valuate opportunities, an accurate Cap Rate is critical. What's your go-to way of swiftly identifying cap rates in your market.
Hi -- Can someone please explain how I'd be able to figure out a cap rate on a calculator as if I were a 5 year old?I've seen several other investors try to explain this and it still looks like Chinese to me (and I do...
Hello everyone.
I am running the numbers on a m/f property and I want to know if I am doing this correct.
Here are the details:
Purchase price =$2,000,000.00
Renovations = $1,000,000
Down Payment = $600,000.00
...
Hey BiggerPockets, I just have a quick question.
Let's say I put a 400k down payment on 2 million dollar commercial building. What would my cap rate be like?
Or what should I be expecting as my annual return?
Also ...
Survey I guess. When you calculate your cap rate (NOI - net operating income / Purchase Price) do you include your closing costs and initial repairs in your calculation or do you just go with the actual purchase pric...
Quick question about an investment property I'm purchasing.
Purchase price of 100k (cash)
Rental rate of 800-950 (let's use 875 as a mark)
$365 out of my pocket every month for HOA Taxes and Insurance and management
...
When looking at Multi's, what is the best way to determine an offer price? I read that comps in the area are a starting point. Any sage advice out there?