Account Closed
Who buys expensive multi-unit properties in downtown?
Hi, I have been browsing some properties, and the more I drift towards downtown big cities like Boston or Manhattan, I see these 8 to 16 unit complexes priced at ridiculous prices (understandable because of location) ...
Jason Riddle
Renovating a Property
Against everyone's advice, I decided to do some renovations in San Antonio while living out-of-state in San Francisco. Now that I have some battle scars from this good learning experience, I have some questions
1) As...
Nate Boda
Figuring out how much to budget for capex
hey guys so I'm thinking about putting in an offer on a duplex in my area but am a little stumped on how much to figure in for capital expenditures. I'm using a 10% of rent number for vacancies and a 5% of rent for ma...
Jorge Vazquez
What does it mean to buy the higher end of the low end?
Over the past 20 years, I have developed a strategic approach to investing in the higher end of low-income neighborhoods. This approach aims to maximize value while minimizing the risks involved. To achieve this, I fo...
Taylor Williams
Distressed property for my first investment?
Hi All,I'm on the hunt for my first investment property, it's taking more time than I thought, but that's perhaps because I"m too picky. I've tried to identifying cash flowing homes in the Charlotte market--which has ...
Ruiyue Guo
Whether it's a discrimination to require tenants' income 3* more than rent
I want to share my real awful experience in recent days for applying for apartment in Chicago !!!I am an international student graduated last December, and get a job in Chicago which start on March 20th. After my hous...
Tony Nguyen
Larger apartments Vs Smaller Apartments
Hi all,
For the past 6 months I've been looking for 20-30 apartment units to purchase, but have been having a hard time finding deals that make sense. They're selling at 8 caps stabilized with not much value add oppo...
Kevin Itima
High ARV Flips in Houston
A good amount of my 350,000+ 70% deals with fairly low days on market are getting passed up. I'd like to get some feedback from my investors and agents with investor clients about their experience with successful/unsu...
Thomas Dionne
Telling a lender "no" when asking for receipts for rehab
I have bought my 1st property for 50k, put around 4k into it and appraised is for 94k (did appraisal on my own because i just had to know)I have like 4 people (out of 300 calls) already wanting to rent to own it that ...
Matt A.
Is Cap Rate a dependent or independent variable?
So my understanding is correct:
The figure represents how productive the property is relative to its value.
The three figures (NOI, value and CR) seem to flow in a circle
Rental demand drives rent price
The expected ...