I recently found a deal in the midwest (area where C class apartments trade between 7.5% and 11% cap rate).16 units doing about 28k in NOI. (Not very good)I own a 8 unit in the area that does about 30k NOI so this pla...
Has anyone ever bought a rental property in Memphis from this person?
He lists MANY properties for sale in the BP "properties" section at what appears to be highly INFLATED prices. Also makes what appears to be unli...
I work at an asset management shop. We trade securities and watch the markets very closely every day. Today while watching the DOW drop almost 500 points at its very bottom, I found myself, as I do many days, rooting ...
Hello everyone,I own a studio condo in a 14 unit building in St. Louis. A little background: I bought this property in 2008 in my 20s just before the crash, thinking you can't go wrong buying instead of renting. I pai...
Hello everyone. This is my first time posting on here but I am a big time fan and have been reading post everyday on here for a few years now. I have a question that I am facing and I figured why not put it out there ...
I am typically very conservative when it comes to taking on debt and over-leveraging myself. But I can't help but think about the currency inflation the Federal Reserve and government have been pushing the past few d...
Are you having trouble analyzing deals?Check out @Dave Meyer's Youtube video Calculating Numbers on a Rental Property (In 20 Mins or Less!) where you’ll learn how to analyze a rental property in MINUTES. Even if you h...
So I got my first deal that I'm working through but I'm struggling with the rehab figures. It's a 2000 sq ft house and needs a full rehab. Kitchen, bath, flooring....everything. A guide I'm following says $35 per sq f...
Good evening,Note: This is part of my learning about new things so I'll keep some homes on the shelf, so to speak, just to see what happens with them. Ie. Listed at, sold at, how long on market.Here goes....Looking in...
I am currently in the process of acquiring my first buy and hold multifamily property. My cash on hand is not enough to pay the 20% down payment for a loan so I have opted to put 5% down with a conventional loan. I ch...