Taylor Nunn
Evaluating a market: (First time home buyer)
What are the main factors YOU take into consideration to decide what market to invest in? If my area doesn't have the best market, but I find a good deal, should i still pursue?How much more of a factor is the market,...
Sri Ram
Evaluation of a partnership in a property
Hello All I am in a discussion with a property owner to buy a property. the Property owner wants to do a partnership now. He acquired the property about 15k / unit. Now he was ready to sell at 33k/unit. Now be...
Mike Sanford
Evaluating Potential Long-Distance Markets in Person.
When you visit a potential long-distance rental market in person, what are you looking for? What do you do?My wife and I will be driving from Phoenix to New Orleans and back to Tucson for her work. We have time to p...
Abraham Anderson
Evaluating MHP with 51 owner-owned trailers
I had a deal come across my desk. MHP has 57 spaces (of which 51 trailers are owned by the park), 100% occupancy, average rent is $500/month, city sewer/water, they pay all utilities, plus they pay the grass cutting b...
Ajaya A.
Help me evaluate this deal. CAP 5.0
FolksIn Oakland by Lake Merit(1 mile), would you do this? MultiUnitLTV: 55%CAP: 5.0COC: 4%The huge downpayment is scaring me. Rent controlled property and most of the units are at or near 15% of market. So rental up...
Tim M.
Help me evaluate this 4-plex deal
While technically not my first deal, this may be the start of my RE portfolio. I'll run through the numbers, feel free to comment/advise,etc.
4 unit MFH, asking 105k. I will offer 97k max, I have 30% cash downpayment ...
Joe Connors
Evaluating A Property & Accurately Estimating Costs
Hello Everyone,I am learning how to evaluate potential deals but I am questioning whether the estimates in my calculations are (1) conservative enough and (2) somewhat accurate (I understand nothing can be 100% accura...
Jered Collins
Evaluate this 5-plex in East Tennessee
Found a 5-Plex in East Tennessee located in a college town in a popular part of town known as the historic "Tree Streets". The house is a two story brick traditional home. Unit mix is 3x 1Bd 1Ba, 1x 2Bd 1Ba, and 1x...
Jim Cummings
Second Tier Markets to Evaluate For Investments
For all those new posters asking about where to start looking for out-state investment location. Ingo Winzer, writing in the March – April 2019 Edition of Think Realty Magazine says these markets are worthy of investi...
Eric Waterman
Vacant 8 Unit Property - Request Help Evaluating
Hi BP community,I'm looking at an 8 unit property that has 7 out of 8 units physically vacant, though I have no idea if the lone tenant is paying. The listing agent is unresponsive and will not provide the financials ...