Jim Growfer
if i buy a building at 5% cap rate at a discount, is it still 5%?
If someone is asking 600k for a building that has a 5% cap rate, 30k NOI and i purchase it at 500k. It wouldnt be 5% anymore, correct? Cap rate confuses me a little bit, because that cap rate would now be 6% not 5%. ...
Bienes Raices
Bad, or unethical Wholesalers?
I was considering buying from a wholesaler as one avenue in buying a property.
I've seen some posts on here to avoid the ones are that bad, that some "sell junk". My question is, how do they manage to do this in a r...
Mindy Jensen
No Estoppel Statement?
Looking at a Triplex today, the listing agent said they don't typically give an estoppel statement, they just provide copies of the lease.I've never purchased an occupied property before, and everything on BiggerPocke...
Isaac White
Month to month lease
I have finished the rehab on one of the units in the duplex I own and I’m getting ready to rent it out. I started thinking about how I wanted to structure my lease agreement with my tenants. Option 1: lock the tenant ...
Dave Versch
50% Rule clarification?
Can someone give me a definitive answer on the 50% rule? I understand the concept, that your expenses should only equal 50% of your gross rent in order to get positive cashflow. But which expenses are included in th...
Marcin G.
Walnuts fall on cars on the driveway, who is responsible for dent
My rental has a driveway for two cars where tenants park their cars. They also can park on the street next to the house with 4 free township parking permits which they got. It happens that there is a large walnut tree...
Konrad L.
MF Insurance: Actual Value vs. Replacement Value Opinions
Hello Everyone,I will be closing on my first MF investment property in about two weeks. One of the things left is to pick out homeowner's insurance. I've been shopping around and have gotten different quotes for Rep...
Ian Livaich
Calculating Expenses for Small Multifamily (Repairs/CapEx)
Hey everyone,I am searching for a small multifamily property (most likely a duplex) in South Jersey. I am going to look at three properties tomorrow with my agent. I am crunching the numbers and determining at what ...
Vivan Bhalla
What is the best city to invest in Multifamily?
Hello,My goal with real estate is to replace my monthly income with passive income. For that I have chosen - Multi family investing. This could me anywhere from duplex to apartment building. Can experienced folks tell...
Sindhura G.
Sell or Rent in Alpharetta ( Georgia ) ?
Hello everyone,We recently purchased a single family home and are in a dilemma about selling or renting out our current townhouse which is located in Alpharetta, Georgia. Given the current sellers market, it would be ...