Account Closed
Best Investment in Las Vegas?
Hey everyone, I'm just curious to know what you think the best real estate investment in Las Vegas is and why? Is it single family homes? Multifamily apartments? Industrial? etc.Thank you!
Mike Schorah
Who determines the closing date?
I’m wholesaling a deal.
The contract states that we close “ON OR BEFORE” February 15. How is this determined? Do I determine the exact closing date?
Is it the new buyer that determines the exact closing date, the t...
Isadore Nelson
How To Get A Realistic Idea Of Property Value In Low-Class Philadelphia Areas?
Good afternoon,
I'm looking at a property listed for $52,000 in the 19134 area of Philadelphia, where similar properties are selling between $50,000 to $75,000. I asked an agent about typical bank appraisals for simi...
Justin Goodin
Full Breakdown: Operating Expenses
People often ask me how they should determine their operating expenses. These numbers should be determined using a combination of the historical financial data available, feedback from your property management company...
Angel Meraz
Multifamily - 8 Units
I've only invested in properties of 4 units or less. I'm exploring an opportunity to buy an 8-unit complex and was wondering about the cash-out refinancing and how the banks determine the value of the property. I've r...
Dalton Dillon
Questions regarding ARV & appraisal
I'm looking to purchase a duplex using the BRRR method. I'm concerned about the ARV due to there not being any comps in the area. Even as far out as 1 year. My question is - How will an appraiser appraise the property...
Bradley Raynor
Do Investors Buy/Sell SFR using cap rates or comps?
Hi all,I was curious on everybody's perspective whether buying or selling single family rentals use a Cap Rate valuation, or a more traditional $/sqft with comps. On on hand it seems $/sqft makes sense, but if it's s...
Timothy Christian Jr
Determining if your Cap Rate is good or bad
I determined the cap rate for this duplex in Greenwood, Indiana, earlier today, and it was a 7 cap in a B class neighborhood. How can I calculate my market cap rate (CR) with this data? How can I determine if a deal i...
Liam Delumpa
Screening Multifamily deals
Hello BP!I am currently building out my funnel of leads for multifamily properties in my market. I understand the basics of underwriting, but I am curious how you screen deals and narrow down leads to a subset of prop...
Nolan Marshall Jr
Calculators for New Home Construction ROI
Hi,New to BiggerPockets. I have a few lots in New Orleans and am looking to run profitability analysis of sfr 3/2 development v. one zoned as duplex. What are the best Bigger Pockets tools to use for profitability ...