Rick L.
How tO determine YOUR acceptable CAP rate for a large property?
I'm actively searching to purchase a 10+ unit residential property. I'm struggling to determine what acceptable CAP rates (CAP Rate= NOI/Purchase Price) are for particular areas. I realize that CAP rates vary con...
Stephen Earley
Cost of Construction
Hi NNJ BP Members - Can someone help me determine the cost of construction for a major renovation in Northern NJ. Obviously national averages do not work for this area. I realize a lot of factors are at play when arri...
Luis Quintero
On the verge of buying my first rental
I am on the verge of buying my first rental property, I am 18 years old and was wondering if I could get any feedback on how to get a tenant quickly and what steps to go through when finding a tenant. Such as a proper...
Sandy Spence
Garage Expectations?
We have a detached garage on our property. Before our new tenants move in we are having a new roof and door put on the garage, it needs it. The new tenants have now requested we fix the cracked floor and put lighting ...
Keegan Darby
Steer clear of older MFH??
Comparing a duplex from 1940 and 2003:
Neither requires immediate rehab.
The older duplex cash flows $550/month (30% ROI all things considered) and the newer one $350/month (14% ROI). The older one has window a/c ...
Tim Yang
Need help analyzing this deal!
I am trying to implement the house hacking strategy here so there is this condominium.Asking price $115,0003 BR 2 Bath1008 sq ftHere are my expenses that I've accounted for when analyzing it with an FHA loan 3.0% inte...
Andy Nanneman
Newb. Buying new primary residence turn current home into rental
I have a home paid for in NLR, AR. My neighborhood has been seeing lots of development but I am still on the outskirts. I think in the next 10 years my block has a lot of potential to see considerable development. ...
NA Jones
Need an investor friendly brokerage to hang my license
I'm a licensed agent and investor currently with Keller Williams, but I'm getting sick of paying their monthly fees. They've been great so far, but I don't want to work with "retail" real estate clients. I only plan...
Allison Lurie
Nashville New Investor
Hi everyone,
This is my first BP post and I'm looking for some advice on investing in Madison, Tn 37115. I have 45k cash to spend as an investment from a family member and think I can get a rentable 3.2 for around 16...
Brooke Cottrell
House Hack turned Long Term Rental in Historic Plaza Midwood
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $287,000
Cash invested: $25,000
3/2 Single family home in Plaza Midwood neighborhood of Charlotte.
I purchased this...