Hello all,I did an analysis for a property I am interested in below. This home is owned by my family so it is off market. I was hoping to see better numbers and it was disappointing when I did not. Based on Zillow, th...
The owner has told us to make an offer as the property is not listed. I'm working on figuring out the numbers that will make this work and I'd like some help looking them over to point out what I'm missing; I fee lik...
Hello, looking to buy my first multifamily property ( 3 flats) in ChicagoWhat is considered as a good cap rate in the area?Also, is there any recommendations for the multifamily lenders?Any tips for beginners ?Thank you
talk about a walk of shame, got 2 weeks off work and the first thing i do is not practice daily property analysis. but now am back to my regular routine. hence this one
Price 1% rule =desired rent139,9000.011399Des ...
Price 1% rule =desired rent175,0000.011750Des Moines, IA 50316price 175,000MIP 1.75%total closingclosing co 25003062.55562.5monhrent 700.00house hackrepairs1000cosmetictotal cost182,263 Loans price 175,000Dow...
Hoping to tap into the vast experience of BP to get some real world knowledge. In my very limited research into MHP, specifically screening parks to make offers on, I keep hearing a number of successful park owners (J...
Hey everyone, I'm evaluating an apartment complex in Central Texas. After going through the proforma I made, my NOI seems way low. I can't base the expenses on real numbers, due to not having anything that's current (...
This 4-unit property (2 beds/1200 sq.ft. per unit) is listed in the low $800's. It currently brings in $4600 in rents. The area has about a 3% vacancy rate, is within a few miles of a major university, and is gener...
Hey guys, over the past month or so me and a partner have been going back and forth whether this hotel is a good business to invest in. It is posted up for sale in an area, not to far from some local ski resorts. Ther...