![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1738775/small_1694648564-avatar-tnovcap.jpg?twic=v1/output=image&v=2)
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,200,000
Cash invested: $350,000
The Eastpointe Apartments is a 20-unit multifamily community locate...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/659320/small_1627877725-avatar-jacksonl7.jpg?twic=v1/output=image&v=2)
Over the past couple of years we've seen a pretty big surge in average rental rates in Memphis. There has not been a corresponding spike in wages or a massive influx of new jobs. Any thoughts on what is driving this...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/997428/small_1621507101-avatar-bryanval8.jpg?twic=v1/output=image&v=2)
HELP! I just got a 4plex under contract in the Little River- Miami, FL area. I just went through the inspection and the property is in pristine condition, essentially turnkey with some value add opportunity with incre...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2267190/small_1694568608-avatar-lydiab32.jpg?twic=v1/output=image&v=2)
Hi everyone,We are real estate investors who reside in NJ. We own a single family in PA and a multi-family in Albany, NY. We have family in Grand Rapids and we Lately started looking at Grand Rapids market since we h...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2022513/small_1673318838-avatar-noahb98.jpg?twic=v1/output=image&v=2)
This morning the HOA on one of my properties located in Colorado Springs informed the owners of a "Special Meeting Notice" to ratify an amended 2024 HOA budget due to an unexpected high insurance renewal. I reviewed t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/601634/small_1621493552-avatar-abdula10.jpg?twic=v1/output=image&v=2)
Folks - the rates I am being quoted on an investment property in Memphis have seemed to gone up from 4.5 pct around 3 - 4 weeks back for a 20 pct down 30 yr to more than or around 5 pct. For 25 pct down it seems to be...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/111404/small_1694564062-avatar-scottws.jpg?twic=v1/output=image&v=2)
i don't see any chatter on here about the benefits about principal paydown.
if someone's had a house for a while & the principal applied is $300, $400, $500 per month that IS increasing your net worth ASSUMING th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1554718/small_1663168019-avatar-jstrickland0615.jpg?twic=v1/output=image&v=2)
Hi Everyone,I am a new BP member from Athens, GA. Excited to be part of this community and get rolling with REI. I currently have 1 SFR rental in my portfolio and am looking to add more. (Especially anything that woul...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1325713/small_1621511345-avatar-rafaele9.jpg?twic=v1/output=image&v=2)
Hey friends,I am wondering how large syndicated properties make the profit they do. In deals supplemented by a bank loan, many investors look for a 10% return or more; however, this return is only possible because the...
What metrics should I be looking at to identify a good multi family property? Appreciate the help!