I found this deal which is actually for 2 properties with a combined total of 125 units. This is priced at $2,800,000 . The listing says it has a cap rate of 12.84%. I divided the NOI by the derived cap rate(from the ...

Hi guys, I’ve bought my first STR home, and in 2 weeks got it furnished, met neighbors, found someone to “emergency manage’ and clean as I’ll be long distance, now all that’s left is my city- required safety inspectio...

Finally got an offer accepted on a duplex and I contacted a home inspector to schedule inspection. He inspected the property two weeks ago for a cash buyer that ended up not working out. I still want to meet him there...

I am looking to start investing in multifamily properties.  I have set up my proforma spreadsheet and I am pretty sure the calculations are correct.  When I evaluate properties what are all the expenses associated wit...

Are row houses easier to rent out compared to smf? PA cities have quite some listing for these row housesAre the reno cost generally cheaper compared to smf?

Hi. I had a question about T-12 income statements provided by the seller. Is vacancy expense usually already accounted for in the top line rental income number? I never see vacancy as a separate line item, so I'm assu...

Of course I would like to buy a whole duplex, but the more common listing I have been finding is 1/2 of a duplex. I want to buy and hold, and I was wondering if there was anyone that could share their experiences eith...

Negotiating a half million dollar home, where the backyard was described in detail in the listing as a selling point.Listing agent comes back after we submit our offer with "oh, the sellers reserve their right to harv...

I did a cash out refinance on my primary residence in 2017.  I did Not use the loan proceeds to buy, build, or substantially improve my primary residence.  Instead, I used it to fund other real estate investments.  So...

I purchased a duplex in June in the South Jersey area to house hack with the expectation that the roof would need to be fully replaced, including decking. I also have a dead chimney that I want to be brought below the...