Nick Rose
It's not possible to get a decent ROI with a cap rate <10%
Ok, I suppose it is possible - I'm just hoping to get some experienced investors' take! I do have capital that I'd like to put to use in an apartment building in the roughly 400K-700K range, however I can't seem to m...
Henry Le
20% down payment deal analysis
Hi everyone,I'm thinking about purchasing a small 1,000-1,100 square-feet single family house for $150,000. I'm going with the 20% ($30.000) down payment and finance the rest through a bank. The estimate rent is $1,...
Kevin Mullin
Park Management 101 manual?
Hi,
I am evaluating a deal for my first MH park. It is small, just a dozen spaces. I have experience with buying and selling mobile homes, as well as single-family residence landlording.
Can someone recommend a...
Justin Dixon
What is the best property management software for starters?!
I am now at 2 units that both are rented and cash flow well. Now I want to start using some property management software just to keep my rental business, a actually business. I don't use any of the cash flow from my p...
Nick B.
Underwriting apartment expenses - small properties vs. big ones
Hello BP!Are expenses per unit significantly different in small apartments (10-50 units) versus large ones (100+ units)?I came across a couple of listings for small apartments (16 and 36 units), where stated actual ex...
Adam Anderson
Buying first property, is 2%, 50% rule applicable in Boston?
Hi everybody,Newbie here, looking to buy my first property. I'm not totally green to the life of a landlord, as I have managed my dad's 4plex property since I was a teenager. However, he bought in the 90s, in a nice p...
Davit Gharibyan
Multifamily Property Valuation
Hi fellow investors. I was evaluating a 88 unit complex and based on T12 financials it runs 69% expense ratio. Based on the actuals it is worth $4.2mm.Now the property doesn't have a listed price and they are looking ...
Jeff Trevarthen
Typical reserve requirements?
I'm just getting into property management as my mortgage business has started to slow down over the last couple of months.
For those of you in property management (or even landlording), how much cash reserves...
Daniel Crouse
Where to form "Managing Member, LLC" which will be the "sponsor"?
Hello all,I'm just getting started in the syndication business and just finished Gene Trowbridge's "It's A Whole New Business: The how-to bible of syndicated investment real estate"... phew... I plan to follow his su...
Hersh M.
Phoenix neighborhoods
Hi,Can people who have expertise in Phoenix market please recommend a few class A/B neighborhoods? I am primarily looking at positive cashflow SFHs.Currently the markets might be a bit overbought but I am looking from...