I hear the words “Cap Rate “ a lot. What is a cap rate and why re they important? Is it something added onto a loan interest rate or maybe equity in a property? What is a good cap rate?
Hello BP,I recently closed on a 5 unit property where all of the units are way below market. With the current rents I am operating at a $200 monthly deficit. All of the residents are on month to month leases and this...
I was recently contacted by a new wholesaler about a property in an area that I love to buy in. On the surface it was a great deal based on the pics(very few), the price, and the area. I arranged to meet with him th...
Primarily do Self Storage. As I have looked around several cities, I have come across Industrial Flex, Contractor Garages and Contractor Incubator buildings.We have 4 acres set aside on a 4 lane road with 15,000 Vehi...
I'll never forget the first time I stumbled across the self storage business.
I was on a trip to Florida in early high school with my Dad. We would often drive to Florida together to visit my sister, who at the time ...
Hello All, So i am in this ever learning adventure to better my investments, i recently asked about managing the properties myself, i have always hired PM in the past so far and one very detailed post mentioned that s...
Hi folks - I wanted the BP community opinion on an off-topic finance related thought.It seems to me like a ton of millennials, and more of whatever the next generation is called, are graduating college with massive st...
Hello BP!I am narrowing my short list of turnkey companies I want to invest with, curious if anyone from the BP community has purchased a turnkey property from High Return Real Estate. I am working with Jack and he h...
Hi, I am new to this forum. My question is what is your average net income per door? Excluding mortgages/loans.