Account Closed
current LPs / GPs development & value add returns
What kind of returns are you currently seeing in your market for multifamily and industrial value add and development deals?
What are your current underwriting assumptions and thresholds?
Assume a project cost in th...
Vikram C.
Is Texas as cheap as it seems?
While doing the due diligence for an apartment building in Texas I noticed that the property tax rate was quite high compared to many other states. I understand the state has no income tax, but that's not relevant to...
Greg Parks
Spreadsheet Analysis Advice on Baltimore, MD (Federal Hill) SFR
Greetings BP Community,I'm currently on the hunt for a fully renovated rowhome in Federal Hill, a neighborhood that is well established in South Baltimore. My girlfriend and I both work in downtown B'more (we both wa...
Steve S.
How much should I invest in improving a rental property?
As some of you may recall, I'm buying the house I grew up in as my first rental property.
My parents have taken good care of it but it's a 38 year old house. They've been empty nesting for about 12 years.
That sa...
Bethany Shipman
dying friend has a vacant house- want to help
I have an older single friend who went out of town to visit family for a few months, and while she was gone she had a brain tumor diagnosed and has been told she has maybe 2 years to live. She isn't planning to come h...
Brennen McConnell
Profit margins on new construction homes
I have foreign investor capital lined up to buy vacant lots and build new roughly 1,750 sqft homes in the Greater Seattle Area, including Tacoma and Everett, and am looking for feedback as to whether or not my assumpt...
Zhong Zhang
a multifamily investment case analysis
Can you help me evaluate an investment case? I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:
(1) multifamily units in NJ close to New York City, ~$1,000,000, 20%...
Abi Wegman
How to make low-rent properties cash flow?
Most of the expense assumptions I use are based on rent. For example, I budget 10% of rental income for PM, 10% for vacancy, and 10% for capex/maintenance. Then there are fixed costs: I generally budget $700/yr for in...
John Gentile
Am I crazy to do this deal? (First rental property)
Hi BP Community,I'm in the Massachusetts market, south of Boston. I have been looking at Rhode Island for more favorable prices. My wife and I found a 3 family in Providence (east side a couple blocks from Brown Uni...
Su Pak
What do you think about these DSCR rates and fees?
Hi, I'm looking to refinance my Canton, OH (44714) BRRR property. Assumptions I provided to a mortgage broker is below. Below that was her response to a 30 yr fixed rate DSCR rates, plus origination and underwriting f...