Hey all, A friend recommended me to BP so I am hoping some people can assist with my delima. I've been buying props for a few years in Hartford and Bridgeport with good success. They are only 2 - 4 units, and very l...
My name is Rickey. I've been aggressively saving. In the past 3 years, I have been blessed to accumulate a small portfolio of multi-family properties (3 duplexes) and 1 single family town home that has produced me con...
Hey Investors,I found a 20 unit building of 1b/1ba and efficiency (studio) units. It is right by a college and I was wondering if buying it, rehabbing it, and then splitting them all into their own condo wouldn't be s...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,265,000
Physically distressed 20 unit apartment complex with 90% occupancy. Business plan is to vacate ...
Hi,So, is there a formula to be used taking only rental income into consideration to determine the value of a property? I'm interested in a 12 unit complex that generates $93,600 annual gross income; taxes are $15,800...
Please forgive me if this has been discussed. Couldn't find the answers I was looking for. How hard is it to finance a $550k apartment building? Is great credit required? What about down payment? I'm 40 and it's way p...
Hello, Is my "Aggressive Payoff Plan" the right strategy, or can you help steer the ship in another direction to maximize future gains. Our goal for the next 10 years, is to create as much wealth as we can,..while not...
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 get the basics of the master lease option. I pay a smaller amount of money to gain equitable title. Cash flow above master lease payment , future equity, tax benefits, and take over all the management of the buildin...
what are some good real estate websites to find apartment buildings for sale? not loop net, i am looking for some thing in the 1-2mm range in nj.also. could use a person with expertise in buying an apartment building....