Kyle Forrester
Best way to find comps for a 4 plex
Hey everyone just starting out helping my bro who has flipped 3 single families homes in Mesa AZ area. Been studying BRRRR and flip strategies like mad but our first opportunity together that came up is a 4 plex in th...
Joseph Windham
Multifamily Value Add Upside
Hey guys, I am an aspiring multifamily investor looking to sharpen my axe at the underwriting process. I wanted to know if there were any tools or advice you guys use to come up with how much value you can add to the ...
Ayo O.
Refinancing unoccupied rental
I am about to do a refi on an occupied rental but I am debating whether to wait till the SFH is occupied before refinancing.
(currently listed)My reason is that I suspect it may appraise higher if occupied at the tim...
Frank Bonzai
Whats the best way to estimate Gross Potential Rent?
This guy has a really cruddy T12 and Rent Roll that he provided me with. its a 108 unit building with different unit sizes.
How do i estimate what the gross potential rent is as a quick estimate?
Katlynn Teague
Current Market Trends in Atlanta
Good Afternoon BP,I hope everyone is having a productive and busy day.Atlanta has been named the TOP market to invest in for 2023 according to the National Association of Realtors. So what are the market conditions lo...
Mark Wurtemberg
St. Louis Property Value
I may want to sell a property in St. Louis. I know Zillow is not the best way to determine the value of a home. So, what would you suggest is the best way to learn what the value of a home is?
Cheers,
Mark
Kobe McDaniel
How to comp a property with no comps?!?!?
Hi BP,I’ve got a mixed use property I’m looking at that has zero Comps. Because it’s commercial on the bottom and mixed use on top, I’ve got nothing to compare it to. Any tips?Thanks
Howard Salpeter
cap rate or price per unit?
I have been getting conflicting advice about evaluating multi-family properties. Is it best to first look at cap rate then NOI, or comparable price per unit then NOI? Cap rates are much easier to determine.
Be gentl...
Spencer Slaton
How do I set target cap rates in Chicago? (Logan & Bridgeport)
Hey everyone, I'm looking to purchase a multi-unit building (2-4 units) in Chicago (Logan Square / Bridgeport). The price range is in the 200K-400K range, and I'm having a major issue in my evaluations. To set my base...
Rod Jones
Forced Appreciation/Equity
Can I add value to a SFR rental the same as MFH using its NOI, ROI, and etc...or rather have an appraiser/bank use income valuing (hope im saying this correctly) to come up with a higher value to force equity/a...