I recently brokered a sale at 1566 Mark Avenue, an 8 unit apartment building in Elgin, IL. The sale price was $430,000 ($53,750 Per unit, 7.66 Cap Rate and a Gross Rent Multiplier of 13.04). The property sold for 93%...

I recently brokered a sale at 1566 Mark Avenue, an 8 unit apartment building in Elgin, IL. The sale price was $430,000 ($53,750 Per unit, 7.66 Cap Rate and a Gross Rent Multiplier of 13.04). The property sold for 93%...

Hey BP community!

Over the past few weeks I have put together an excel spreadsheet containing data relevant to todays unpredictable market. As we all are aching to embark on our next real estate project, there is a...

Hi all,
Curious to get different perspectives on this topic.  Since BRRRR is more related to long term wealth building versus short term income, I have a question for those seasoned investors who have done BRRRR.  If...

Looking to get started here in Michigan.  Any tips or recommendations would be greatly appreciated. Perhaps books or other forums that have helped you in the past.
 Been researching multi unit properties and RV lots....

Hi all, just joined Bigger Pockets and I'm excited to connect with all of you! I'm working in the tech industry in Seattle and I'm trying to start doing out-of-state BRRRR, as Seattle is too expensive to start with.Th...

Anyone who invests in Milwaukee, Wisconsin. What are the pros and cons? I'm looking into a number of cities and Milwaukee peaked my interest because of the very low prices. However, I know the crime rate is exceptiona...

Excerpts from a good article in the Austin business journal on Austin's metro hottest submarkets.
"Neighborhoods on the shores of Lake Travis, in Round Rock and in Driftwood are among the hottest housing markets in t...

Need help with direct mail marketing.

Hello my names Karl, I’m looking to invest in the Indianapolis market. Iv found a couple good properties in the Haughville area, however I have heard it hasn’t been the best area, but I also hear it’s still up and com...