Travis Troop
Hello, I am looking to buy my first rental
Hello, My wife and I have 30k saved and lot of equity to pull from. We are looking to get our first rental. we are looking at a multifamily rental in the south eastern area of CT or one in the Venice area of Florida. ...
Zach Davis
Small Town Investing
I've been contemplating a 4 plex in a town near my home. The property itself has great numbers and a low vacancy rate but even though the town has grown 22% in the last 10 years, its still only 3000 people. I'm just a...
Cynthia Elder
Things are looking really good for multi-family investing!
The U.S. rental vacancy rate edged slightly higher to 7.1 percent in 2018 Q3, but this is still below the 7.5 percent vacancy rate in 2017 Q3. The U.S. rental vacancy rate averaged 9.6 percent from 2000 Q1 through 201...
Miguel Vazquez
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.Hello everyone,This is looking like my first deal. The cash flow is not great, but I think the equity an...
Owen Hogarth
How to value negative cash flow
I've had a lot of deals like this come across my desk, they are 5 million dollar and above. These are preforeclosures and REO and they are negative cash flowing usually because there around 50% occupied.
How do I va...
Caleb Heimsoth
Average Memphis Maintenance & CapEX (Turnkey Properties)
Hi Everyone,I am looking at investing in Memphis through a turnkey provider. I am wondering what local investors use for Maintenance and CapEX rates for Memphis? From what I've seen so far, most Turnkey providers do...
Joseph Pichardo
Core 4 in Endicott, Binghamton and Johnson City
Good day all. My partner and I came across a possible Multi Fam in Endicott, NY. After factoring the deal with owner financing, we estimated a 22.3% cash on cash ROI. That’s factoring 23% for vacancy rate. My question...
Nick B.
A sample value-add apartment deal - how (un)realistic is this porforma?
Hello BP,I put together a proforma for a fictitious 100-unit C-class apartment deal located in DFW, Texas.Here is the link: https://docs.google.com/spreadsheets/d/1_Dui4Fly69...I used rents and expenses from the deals...
Jakub Koss
Investing in Northern Ontario
Hi, everyone this will be my first post in BiggerPockets.i was considering buying multiple properties in Timmins, Sault Ste. Marie, and/or Temiskaming Falls as my first investment. I’m interested for the low prices an...
Violeta Sandoval
Lessons learned from my 1st & 2nd Duplex
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $105,000
Cash invested: $39,000
I own two 2/1 Duplexes. These are older properties that were poorly maintain...