Sandy S Harris
Vacancy & Cap Rates
Quick question BP'ers,
I'm spending lots of time analyzing properties these days, but I'm wondering where do I go to get the cap rate and vacancy rate on any given area? It isn't always given in a listing, along with...
Christian Sirio
Looking for ideas on partnership investing
So I have a partner who is willing to put up the money for the down payment on the deals I find and also rehab costs. We’re going to split profits 50/50. What would be a great/best way to do this? As I am a newbie wit...
Christopher Brown
Buying/Valuing Brand New Self Storage
I've got some proceeds from a 1031 sale that I'm considering investing in a new self storage project that just opened to renters last month; I don't know yet what the current occupancy looks like but I assume it's pre...
Justin Davis
stacy Kellams meter drop method
Hello,
I was wondering if anyone has any thoughts of the meter drop method by Stacy Kellams. It looks interesting, wanted to check it out here first.
Thanks!
Kevin N.
APPRAISAL CAME IN SHORTER THAN THE PURCHASE PRICE!!!
Hello everyone,I hope everyone is having an amazing weekendI have a quick question for some of our experienced investors in the group! We currently have a property under contract that we plan to buy and hold. The init...
Anthony Brancato
Best way to hire contractors?
I was supposed to be going into business with my brother. Unfortunately, he hasn't shown any initiative in the last 6 months to get his contractors license (red flag).I'm from Chicago originally but I just moved back ...
Justin Holwell
Northern Colorado Investor: Should I Invest Locally
My name is Justin Holwell and I am currently looking at investing in the Northern Colorado area. I am new to real estate investing, although I have bought and sold 6 primary residences, this is my first jump into act...
William Goodrich
Where do I fit in the Set For Life schema?
Hi all,Just getting started here. I recently finished reading Set For Life by @Scott Trench and wanted to get some feedback on some good approaches to take, from that perspective, for someone starting later in life w...
Matt A.
Is Cap Rate a dependent or independent variable?
So my understanding is correct:
The figure represents how productive the property is relative to its value.
The three figures (NOI, value and CR) seem to flow in a circle
Rental demand drives rent price
The expected ...
Richard Fields
Security deposits
Does anyone know if I need to open 3 separate accounts for my triplex tenants security deposits, or can I put all 3 into one account?