i know loopnet isnt going to have any good deals, im just using it to practice analyzing properties.Once i find out the Income and expenses, i get the NOI by using the 50% rule.Next i get the cap rate right? So this...
Hi all,I recently bought my first small multifamily (two buildings - duplex and a single family). I only inherited tenants from one unit. Two other units are currently vacant. So, we have three units, but only one gar...
I just finished a walkthrough of a absentee owned SFR3 bed 1.5 bath 1488sqftDecent comps imply ARV=$60k-$80kRent rates for similar houses in that neighborhood=$950-$1100Everything on and in the property needs to be re...
I was recently contacted by a motivated seller. Seller's mom passed away in 2013. The property was probated and he is currently the executive of estate. The property has no mortgage. There is a tax lien on the proper...
ok, so I am in a bit of a fun argument with my stubborn husband I need your help to win this one!!so we have bought, rehabbed, rented, and now refinanced a property (it's been a year-long BRRRR but whatever). so we ar...
M3 Innovations, Inc.
Asset Class Definition
Single Family Residential
First time home buyer
Move up home buyer
Luxury
Condominium
Multi Family Property
What kind of renovation?What are your exit s...
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...
When it comes to flooring is LVP always best? I’ve used waterproof laminate which is a bit more economical and more wood look matches than most LVP I have seen any recommendations? Waterproof laminate vs LVP waterproo...
Hi BP, I own single family and small multi units in Grand Rapids MI. I am looking for info on the Cap Rate in Grand Rapids Michigan. I would like to buy a mixed use and larger multi unit properties in this area. Than...
An interesting issue has come across my desk and I am curious if any other LL have bumped against a similar issue.
The general concept, tenants move in on a run of the mill standard annual rental contract. Tenants...