James Rodgers
Average cap rate for a D class neighborhood
Who can tell me what the typical cap rate is in a D class neighborhood? Making an offer on an eight unit apartment complex, fully occupied in good condition.You can definitely tell me what is the best and worst you've...
Jacob Pereira
ROI on programmable thermostats
Hello all,Yesterday I installed my first Wifi enabled thermostat and I'm in love. Basically, Home Depot was offering 30% off of their thermostats, and my local utility (Austin Energy) offers an $85 rebate on thermosta...
Bob Vollmer
investing in Saint Louis, MO. Good or bad idea?
Good afternoon fellow BPers,My wife and I have been thinking of moving back to the midwest (St. Louis region to be specific) and I was hoping to hear from some experienced St. Louis investors, brokers, lenders or any ...
Account Closed
State of the Market
Wondering how everyone feels about our current real estate market? I bought a town home in South FL in late 2014 and have watched its value rise by 30%. Would love to buy a single family home in South FL or Central FL...
Jerald Alford
Calculating ARV
Hello BP, I wanted to know if any of you have a spreadsheet/program that any of you use to help calculate ARV. I downloaded one from the File section of BP, but in some instances I get a very huge inflated number. I f...
Chris Jones
I should become a landlord? Opportunity or pitfalls?
I downsized for financial reasons, and have been speaking with potential renters. I'm posting to get advice to make sure it's a good decision. The alternative is to spend more time/money into trying to sell the house,...
Doug S.
Best Option For Closet Light
Hello All,
I am doing some remodeling work for my condo unit and plan on renting it out in a couple of months. It is in a upscale neighborhood and I can easily rent for $1400+/month. One bedroom has a closet withou...
Tony Severino
Bank Of America is Giving Cities The Edge On Buying REO's
Bank of America is giving cities, not private buyers, the inside skinny on new foreclosures.
The nation's biggest mortgage lender and servicer has come out with a new way of working with states and cities like Chic...
Phillip Tillotson
New From Springfield Missouri
Hello,My name is Phillip Tillotson. I am 26 and currently live in Ozark Missouri. I am a System Administrator II for a managed services provider. I am brand new to the idea of real estate investing. My fiancé mentione...
Rick Thompson
Existing tenants and utilities
Looking to buy first multi-unit building. Existing tenants in place. Currently seller is paying majority of utilities (including cable). Based on my analysis this is killing cash flow and ROI. What options do I have i...