Good Evening BP!I have a property I have been looking at and I would like to see what the community thinks. The property is a C+ class in a great city with good schools, and stable job market. Rents are below market (...
I have several small multi-family properties, and the cash on cash % return in my area (Northern Indiana) hovers around 20%. I'm thinking of taking the plunge into larger (50+ unit) apartment buildings/complexes. As a...
Investment Info:
Small multi-family (2-4 units) wholesale investment in Chicago.
Purchase price: $325,000
Cash invested: $1,000
Sale price: $405,000
Brought to me by a Realtor as an off market de...
Does it make sense to create a laundry room in a three unit building in Astoria, Queens, NY (Upper Ditmars Area)?I'm considering creating a laundry room in a portion of the garage. The area rents are great and buildi...
I am sure there is a something I am missing but it seems to me that no builders are constructing small multi family anymore! Here in Houston there are HUGE apartments going up everywhere but they are all Class A and o...
Hi folks I'm trying to better understand MF investing and possibly develop a strategy that makes sense if it's the right path for me.So there seems to be a sentiment in the real estate investing space that it's best t...
Hello all - I'm considering doing a luxury house hack in Cape Coral to get started in that area. I'm looking at new duplex construction homes that run in the range of 315K - 400k (some on the canal). Looking at the r...
I recently took out a 170,000 HELOC. The plan is to buy as many rental properties as possible with it. I plan to buy with cash and then refinance and take as much back out as possible. I would like to BRRRR where poss...
Hello everyone!
How do you all calculate the CAP rates for different areas? Are their specific websites you use? Or connections you have? I am trying to run numbers for a commercial 7-8 unit property BRRRR and I have...
So I've recently found a duplex in Redding that I think could make sense for me to buy as my first deal if I arrange the numbers right. And like the book on rental property investing suggested I want to know if y...