I am looking at purchasing an initial property. I would like to now what the cap rate is for the above area ( New Brunswick, NJ ) so that I can run the numbers for this property and see if it works and is priced corr...
Looking to finance 75% of $1,000,000 for a 12 unit apartment complex which grosses $110K, expenses are $40,000, so NOI $70,000 (not including debt service). I'd be purchasing as an LLC and am looking to have the prope...
I'm looking at an off-market site with an existing duplex. The site is zoned for 18 units by-right and I've done a quick back-of-the-napkin feasibility in developing the site.Can someone spot check my analysis and pro...
For those of you investing in smaller towns, what do you try to get for cash flow per door on either a SFH or duplex? I'm analyzing a deal write now for a fix and rent we want to purchase. When I run my numbers for th...
Does anyone have 2018 or 2019 numbers on a vacation rental they own in Phoenix/Scottsdale area? I'd love to see a Income/Exp breakdown for STRs!
Tomorrow I am looking at a package of 10 units spread through 5 homes. There is one triplex, 3 duplexes and a single family home for 320000 or so. Just looking for some advice on the non traditional terms we have come...
Couple questions:
1. On our single family homes - we do month-to-month lease. I originally did this to make sure if we wanted to get rid of a tenant we could by saying the lease will expire at the end of the month. ...
Newish investor. I'm in an area of small New England towns, with a few small city areas steadily attracting young professionals and becoming trendy. I'm looking at a three-family on a leafy street with with 80% fina...
My wife and I differ on this. She wants to pay off each house and I'd rather use our cash to purchase more property. Example She has 50K and can pay off two of our houses which will of course increase our cash f...
Hi guys, I would appreciate the communities input regarding a property I'm looking at. I would like to buy and hold it, but if the numbers work, I'm open to selling it quickly. The question is: Other than a "conve...