![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/313833/small_1621443575-avatar-tonyhardy1.jpg?twic=v1/output=image&v=2)
I recently brokered a sale at 1566 Mark Avenue, an 8 unit apartment building in Elgin, IL. The sale price was $430,000 ($53,750 Per unit, 7.66 Cap Rate and a
Gross Rent Multiplier of 13.04). The property sold for 93...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1520470/small_1696507033-avatar-mikeg390.jpg?twic=v1/output=image&v=2)
So I’m 21 years old in the navy and just passed my one year mark. I have about $30,000 saved up right now. About $20,000 in a money market savings @.80% and $3,000 in a cert @3.44% (max balance is $3,000). The rest is...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1464106/small_1621512547-avatar-justind266.jpg?twic=v1/output=image&v=2)
Hello everyone,While I understand that number of bedrooms has a bigger impact on your asking price for rent, I am curious how much apartment SQ FOOTAGE is valued. For example, is a 2/1 w larger rooms/open floor plan a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/66330/small_1621413808-avatar-equitymerchants.jpg?twic=v1/output=image&v=2)
A lot of investors and wholesalers put a lot of energy into doing volume...40+ deals a month. I'm starting to switch my mindset a bit and focusing more on higher leverage activities that can produce the same results w...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/418711/small_1621450432-avatar-leeo4.jpg?twic=v1/output=image&v=2)
I often think about when I transitioned into Real Estate Investing and my eagerness to learn. That eventually gave way to the realities of the Denver market and the complexities of the investment side of the business....
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/116051/small_1621417628-avatar-livefirst.jpg?twic=v1/output=image&v=2)
Hello Everyone,I recently ran into a house in my area that was damaged from Hurricane Mathew. The house is a 3/2 with a unattached 2 car garage, which sits a little lower than the house. The house has roof damage whic...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/250647/small_1621436253-avatar-jackb2.jpg?twic=v1/output=image&v=2)
I like the idea of no longer having to be hands on with tenants and toilets. But what are the risks and the cons?I see a lot of nomenclature from companies about estimated 7 or 11% return for their DST, plus you'd get...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/274211/small_1621440659-avatar-skylerm.jpg?twic=v1/output=image&v=2)
A new Florida resident, working in commercial real estate sales. I am new to the investing "side" of the real estate community; as a young professional, I spent the first years of my career in the commercial site deve...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/248119/small_1621436074-avatar-sburt.jpg?twic=v1/output=image&v=2)
Does anyone have any advice on either the extent to which Non-Recourse loans are actually non-recourse or how to find a lawyer to pose these questions on this topic to? I have extensively searched the BP forums but ca...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1322739/small_1621511320-avatar-omere.jpg?twic=v1/output=image&v=2)
New to the forum and a bit of a REI noobie. I have a few questions regarding setting up a small, private REI fund. My partner (experienced SFR developer) and I plan on launching a small private fund focused on purchas...