Chris Lang
4-plex deal evaluation please
I have an opportunity to buy a 4 plex before it goes on the market the sellers first price was 97k, I offered 82K and then 90K. Seller then went to 95K. It has 4 - 2bdrm, 2 bath units with some newer utilities and som...
Bruce L.
Making Owner Financing attractive to seller
I have found a 2 unit multi-family property selling for 750k. Taxes are $15k/yrRent roll is $4300/mo, or $51,600/yrSo gross operating income is $36,600 not taking into account vacancies and other potential expenses.Th...
Ally Kumar
Raising rents 12% to market rents?
I have heard general rent increase of 3-5% every year if tenants are renewing their lease. However, rents have gone up about 12% since last year in my area. Is it advisable to raise the rent to market rent (or slightl...
Anutr A.
Buy-to-let investment in Bangkok
Hi,
Lets say I have around 6 million baht (1 USD = 30 baht, so 6m baht = 200k USD) to invest. Im thinking of putting maybe half of it in stocks and other half in real estate.
In bangkok, a newly built mid-end condo,...
Jeremy Roberts
5plex $215k, but needs work
Im looking over a 5 plex in midcoast maine. The number do not look bad but not yet sure of the scope of repairs. Rents are 1) 620 a month 2bed/1bath, Adjust to $7002)570 a month 1bed/1bath, Adjust to $6003) 570 a mon...
Ace Goodrich
Quick Review for Potential Acquisition Central Florida Triplex
I appreciate your input = Help me analyze this deal Triplex 2bd-1ba
Melbourne - Orlando
2 are rented below market
1 unit is vacant
CBS in good shape per agent
2300 current cash flow
PITI would be ~2800
neigh...
Zach Denny
Using a remote kids camp for student rentals
I chair a board of a non-profit summer kids camp in PEI, Canada. We are in desperate need of an upgrade to our cabins, but lack the funds for large capital improvement projects. My hope is to be able to use what I've ...
A Ahmad
Appartment Building VS. Office Building Investment in North NJ
Hello everyone, I am going through a dilemma trying to figure out the best way to invest in real estate in B-class neighborhoods in the northern- New Jersey area. Choosing between an Appartment building (5-10 unites)...
Account Closed
Anderson, IN for buy and hold?
I’m an investor in Indianapolis and have been attracted to the very low price point in Anderson, IN (45 minutes NE of Indy). Just curious if anyone invests there because I know the economy is not as good as Indy. I’...
Wave Taylor
How to value vacant multi-unit property
If a find an empty multi unit property, how should I value it and do I use comps to determine how much to pay for it?