Hello! We have a great prospective property we're looking at. The broker OM says they're selling it at a 7.5% cap rate and $5.7m purchase price. Based on our experience, We are pretty sure their expenses are understat...

I recently sold a rental property that netted me a 6-figure profit. One of my considerations for my next investment was to purchase a vacation property that I would then list on airbnb and VRBO. I would make much more...

Hi Folks,If the property tax deemed ridiculously expensive and I want to appeal the county to lower it, Can I delegate this task to a third party?If so, Is there any company out there that doing this?

Investment Info:

Large multi-family (5+ units) buy & hold investment in Cleveland.

Purchase price: $2,220,000

Recently acquired a 42 unit, C+ property in a solid suburb of Cleveland! Deal was direct ...

Are there any investors out there who have looked into newly constructed multifamily/commercial properties in opportunity zones that don't require any substantial improvement? Has anyone ever invested in a property li...

Hi BPers,I've been speaking to a lot of sellers about the sandwhich lease purchase and many of them want a down payment. I give them that I usually don't give a down payment if I'm paying full market price - However, ...

Just got my re-assessment letters for 2016. Is it me or has the City of Milwaukee gone insane?My LOWEST increase on a multifamily property was 25%. I had one at an 80% increase!!! Most were around 40-60%.Has anyone el...

Hi,I used to think an average ratio of gross expenses to gross income for multifamily rental property should be at least 50%. It is about OH properties which are 40-50 years old. But what's interesting, financial stat...

My wife and I are looking at acquiring our next property and I think we're going to spend a few years occupying a single family home and doing a slow BRRR.   Yes a multifamily would make more sense, but we want anothe...

Hi, We are out of state investors under contract for a 3BD/2 BA in Glendale, Arizona and are getting cold feet regarding the location of the house. We are basing our decision solely on numbers and knowing there will b...