Jacob O'Connor
As An Investor, What Cap Rate Do You Shoot For?
Hello fellow investors! I am curious to know what cap rate you shoot for on your properties. Do you even use cap rate? Does it change via market? What market are you in? All thoughts and comments are welcome!
Melissa N.
12 Unit Analysis
Hello everyone! I'm working on a deal and need some advice. Here are the details:Her husband bought it in 2006 for $470k. He passed away shortly after and she's been running it ever since. She's now in her 80s and she...
Andrew Toews
Condo a good rental?
Looking to buy me a rental and just wondering what would be smartest, a small house or a condo? I live 1 hour from where I would invest so a condo would be easier for me. Cash flow is nice but I dont need it I just wa...
Paul Welden
FHA Issues Temporary Partial Wavier of Appraisal Requirements
Today, the Federal Housing Administration (FHA) issued a Temporary Partial Waiver to parts of the Single Family Housing Policy Handbook
4000.1 (Handbook 4000.1), Section II.D.4.c.iii.(F)(2): FHA Appraisal Requirement...
Oddy Kham
New Member to Bigger Pockets Community
Hello, I just finished reading my first real estate book from Bigger Pockets, and I wanted to join the Bigger Pockets community. I'm new to real estate and would love to meet anyone here or local in Fresno, CA. I'm ho...
Maryann Lacey
quit claim deeding from my name to my LLC
Hello!I am a newbie and I am hoping to get advice. In order to get the mortgage on my second out of state turnkey property, I had to buy it in my name. I just set up an LLC with Incorp. and now I was told to just qu...
Kay Kay Singh
Auction.com purchase,needs advise
I bought an occupied house at the auction.com and after signing the purchasese agreement ,I went to the house and asked the occupants politely to vacate the house in a week and they happily agreed and did vacate the h...
Dorys Prentice
SFR + ADU Rental turned Primary Residence - Sold for Profit
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $300,000
Sale price: $715,000
SFR 4bed/2 bath with add-on unit studio in back. Rental until 2016 when we converte...
Eric Haskell
Deal or No Deal-14 unit apartment building
Deal or No Deal?I found an off market property, reached out to the owners and they showed interest in potentially selling it. Goal- a long term hold for the next 15-20 years. Large Cap Ex Items Doneregraded and pave...
Billy Brown
C/D class investment in Indianapolis
Not sure where to put this topic.I have a contract on 23 units just on the outskirts of Indianapolis. 21 are rented out. Cap rate is 17. I have under contract for $325k.I'm not that familiar with Indy. I've spoken...