I know this is a long shot but... I'm looking at a 36 unit MF in Levittown PA and was wondering if anyone on BP has invested here. I have a handful of SFRs here but no MF. Trying to estimate a cap rate. I have MF a...
A 50 unit MF apartment is currently 90% occupied with rents averaging around 1000. If the cap rate of the area is around 6% and operating expenses are around 40% of the Total Gross Rental Income then what is a rough e...
I saw a short sale "2 legal family" property in an up and coming neighborhood. The price is set for 220K. The property itself needs at least 60-80K to fix up. The comps in the area are low 300's though.
Here is wh...
How do you value mixed use? Do you blend your target for residential and then cap rate for commercial to find the value? commercial space is vacant so have the pro forma numbers (yet not rented) and asked from my age...
How do you get a cap rate from a pro forma, I hear a lot of investors telling me that, since the property is vacant and has no income at the moment.Purchase Price: $140kRenovations: $220kNumber of Units: 7Each Unit Co...
I own 25 Subway franchises. One of the 5 unit strip malls that we rent in is for sale. I met with the landlord today to discuss. It’s a NNN lease and I know the rents for all the units. 1 vacant as of recent but I exp...
I am considering selling out my % of a small strip mall. I am a partner with cousins, this is an inherited property.
I have a decent handle on the property value.
How do I incorporate the value of rental income into ...
Hi, any advice would be much appreciated!!!I am looking at a multi family (3 unit) deal in East Flatbush, Brooklyn NY - Based on my research with brokers, I believe i can get the property to an NOI of 35k. 1- Based on...
I understand a good cap rate to be 5-8% but all this depends on cash or financed investment. For example.. I can buy a multifamily unit that has a cap of 8.5% If I pay cash. So what is acceptable for financed? If I ca...
Good afternoon:I'm working with a group of investors to create a short-term rental portfolio. Our strategy is to create the portfolio, get it cash-flowing and then potentially divest as a portfolio. My question is how...