Whats a couple good methods to determine local storage unit vacancy rates to analyze the need for more units in a market? I just dont see calling and saying hey I'm looking to be your competitor, are you full? As effe...
Hello All,I am looking to get some advise on refinancing a multi family building. I heard on one of The podcasts that there is way to reference at cap rate instead of appraisal price.I’m having a hard time finding suc...
Mixed use Commercial property small mini storage 15 spaces with two retail space
I’m getting mixed signals on what the average rates are today for owner financing. Some say 8-9% since conventional financing is still low, others (who currently owner finance in my area) say 10-12%. Looking for anyon...
I recently read in an article from Star News Online that insurance rates for non owner occupied coastal properties are likely to go up 10% this year. Anyone feeling the effects of this yet? Does anyone know if this i...
I recently came into some extra money and want to invest in a mobile home park. Everything I see lists cap rates. What is a cap rate and why is it useful? Any information is appreciated.
Is it possible to get data on vacancy rate by neighborhood?
I need to choose between 2 HELOC offers, one with Penfed, the other with Zions bank. Penfed is offering me 115k, variable prime + 1.5% rate, no closing costs. Zions is offering me 100k, variable prime + .94%, about $2...
Who can explain what the "Pro-forma Cap Rate" and "Purchase Cap Rate" actually represent on the BRRRR and Rental Property Calculators? Having difficulty w/ numbers, particularly backtracking them.
Thanks!
Hello all! Newbie investor here and I was hoping for some clarification on Cap Rates. Currently I own 1 rental and looking to buy my first multifamily investment property, but I am cautious and want to make sure I f...