Ali Kassam
How do I determine poor performance vs poor management/accounting
I'm under contract to purchase a 41 unit POH MHP and a 24 machine laundromat. 24 of the units are currently rented. When I originally met with the owner, it was obvious that he wasn't going to have great records. M...
Omer Sultan
Estimating Expenses When Analyzing Potential Rental Property
Hello BiggerPockets Community!
I'm an aspiring real estate investor, and I'm looking for some insight into how I can properly estimate expenses when analyzing a potential rental property. I understand that certain pr...
Alon A.
Property analysis- hard money
Hey guys
I have people I know telling me that they invest on property with 100% on loan and 100% on rehab.
That they recycle money and just pay expanses of hard money lender. I wanted to understand how it’s possi...
Rick Bassett
Prospective tenants claiming their landlords are selling
As of late, there seems to be a bumper crop of prospective tenants claiming that their reason for seeking a new rental unit is that their landlord is selling the property. Yet, the number of houses coming on the marke...
Roger Mills
Avoiding fraud from internet private lenders
I have been communicating with a "private Lender" who is willing to lend me funds for a particular project. Having never met him, I'm looking for advise as to how to check him out for legitimacy. He sent me a copy o...
Brady Mullen
Cap Rate Is Not Your Return
Cap rate is a common and important measurement in real estate investing, but it seems I see it misused more often than not.
Cap rate is an income measurement only. It is a measurement of the annual net operating inc...
Andrew Becker
Tenants putting too much clothes in coin op washers
I property manage a 45 unit apartment complex. Everything is going very well besides the tenants are putting too much clothes in the washers. I suppose they want to get more for their buck since the washers are coin-o...
Carlos Casanueva
Identifying MARKET CAP RATE
Where can we get the going cap rate in an area? Some areas multifamily properties are selling for 8 cap, while somewhere else may just be around a 5.... how do we know what the market cap rate is in any given market??
Bryant Maten
Our First Potential Deal!
Greetings BiggerPockets Family,I'm so excited to present this potential opportunity to acquire my first deal. Here are the details. My mother sister and I are close to raising 25-30k to invest in real estate in Chicag...
Bret Cox
Advice on Quad Plex Purchase
Hello everyone, this is my first post. I'm looking for some helpful advice on a possible purchase of a quad plex. This would be my first investment property. I've found a ton of useful info on the site and have bee...