I recently ran across a property that was listed by a broker. It was built in 2019, and it is listed as a .70% cap rate. It is only 43% occupied. They gave the proforma, and if ALL the projections of that proforma ...
What can we learn from New York’s biggest multifamily property deals that teach real estate investors about the market?A new report from Property Shark reveals the biggest multifamily property transactions in NYC over...
BP Friends, I'm looking at 5 single family new build homes as a bundle from a builder in Oklahoma. I would put 25% down at a 5% interest rate on a 30-yr fixed. I'm estimating the cash flow to be $530 per door conserva...
This May my fiancée and I will both graduate college as well as commission into the Air Force as officers. Our first assignment will be Laughlin AFB (Del Rio, Tx) where we are looking at investing into our first singl...
Hi All,Just curious to get your opinion on what effect (if any) Trump's economic policies he has outlined would have on interest rates? Also what effect do you see them having on housing prices in general, as well as ...
Here is a break down of a deal I am working on with a first time out of state investor. I am working with him as his realtor, but will also manage the rehab and do the property management down the road.
Investor is ...
My wife and I bought a SFR to live in, in Aug '17 and finished the basement for ~$18K. We will move out in Aug '18 due to a job offer, and we'll have built 10% in equity, including downpayment, at that point. I plan ...
I'm considering purchasing a small duplex that was built in 1964. It only has window units, no central air or anything. Do you guys usually shy away from this or is it not a big deal?
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Bergen County NJ.
Purchase price: $1,050,000
Cash invested: $75,000
Three family house hack in Bergen County NJ using ne...
Recently, I took over management of my elderly father's real estate portfolio (i.e. mainly single family homes). All of his properties are paid off, but most have deferred maintenance which I would like to address. ...