Hello! I am a young aspiring entrepreneur from Los Angeles, California. I was recently told by a large company's ex CEO that multi-family real estate investing was a really lucrative type of money making, especially i...
I understand the NOI/Cap rate formula for valuing how much a property is worth paying for, but how does this formula work for calculating the future or NEW value of a property after 5 years of rent increases?Since the...
Hello Everyone!I've got an interesting property in my area that has come available that I don't see too often. It's a 54 unit apartment complex listed for $3,000,000. I still need to get more details but it looks like...
Hello BP,
I joined this week and new to real estate investing - rental is the way I want to go. I found a 8 unit apartment building $400k and have about 40k to use. Learned at the webinar this week that I need 20% ...
Who would i have to speak to about seeing if a property could be rezoned to commercial from manufacturing. I do not own this property yet but im looking to see if it can be rezoned to turn a 4 unit office building int...
We have a C2 zoned lot approx 1.2 acres that is flat with nothing on it. We just got the project fully entitled for an apartment building and a separate commercial building with restaurant/retail (ground floor) with o...
Hi BP Community - I would greatly appreciate feedback on the following loan terms from a local bank. It's an 8 unit apartment building. I don't see anything that stands out except for the personal guarantee. I would...
I'm looking to sell my 21 unit apartment building in Edmonton AB and wanted to see if there was a broker or agent that someone here would recommend (in Edmonton Alberta).I have interviewed the big shops, AY, CB, JLL e...
I started listening to the The tride of Multifamily Mentors podcast hosted by Terrance Doyle and Chris Lopez on the Bigger Pockets youtube channel and the knowledge shared in those shows is directly responsible for me...
A 1 br apartment would rent to 2 people, one in the living room.A 2 br apartment would rent to 3 people, one in the living room.A 2 br with den apartment would rent to 4 people.....In many cities with high rental dema...