Zach Richtor
Arizona 15 unit Deal - 1st Out of State
Hello BP,I have spent hours combing through old posts learning the world of commercial real estate investing.It has always been my dream to buy a small to mid size apt complex.However, I live in Seattle, and I quickly...
Joseph Cornwell
28 Unit Student Rental BRRRR @ University of Cincinnati
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,650,000
Cash invested: $440,000
I have been buying small multifamily 2-8 units buy and hold for the past 5...
Chris Christianson
Insight on current value of inlaw suites
We're about to start a large rehab project in the inner Minneapolis suburb of Golden Valley. We've completely gutted the house which was close to 5500 sq/ft when we purchased it. Thanks to the new fire suppression l...
Ryan Coburn
Weighing design options
I am about to start a rehab in Colorado and have been discussing a design idea with my contractor who lives in the city. I have a small bedroom (queen size bed at most) with attached bath and am considering to make i...
Jason Malabute
NARROWING MSA RESEARCH
When you are trying narrow down your MSA (Metro Statistical Area) from 5 to 3 what are things to consider before you start looking at makeup of submarkets within the MSA (crime, school, etc)?To make long story short, ...
Brian Gibbons
News: Are Lenders Removing Overlays?
http://www.housingwire.com/articles/print/35087-fannie-mae-lenders-say-its-now-easier-to-get-a-mortgage"For the first time in seven quarters, we see a pronounced increase in the share of lenders, particularly medium-...
Sam Shah
how to check comps for a 23 unit apartment building
When trying to evaluate a 23 unit apt unit deal, how do I check for comps? I'm checking loopnet recently sold history around the area. Do I simply just look at recently sold multi and check their cap rate? Is there an...
Patty Nisbet
New House Hacker
I finally bought a home with a finished basement and separate entrance to house hack. I was a cohost renter taking care of air bnb and vrbo and it was doing well and when the landlord said the rent was going to be $29...
Jim Watkins
How to figure Percentages and Cents on the Dollar
This may seem elementary to a lot here but I continue to see my students writing frantically to get it down so, I thought I'd post it.
[size=18][/size]When you first look at a potential deal, how ...
Chad Collins
First Rental Property in Hawaii
Investment Info:
Condo buy & hold investment in Mililani.
Purchase price: $199,000
Cash invested: $230,000
Condo
2 Bedrooms
1 bathroom
799 sqft
Updated applicances
Tiled floors
Remodeled Kitchen ...