Does anyone have any recommendations for, or can send over, an ROI calculator I can use to evaluate tapes effectively?I understand that different states have different fees and whatnot, but I'm just looking for someth...
So I've been looking on Crexi at Multifamily buildings and most have a 4%, 5%, 6% cap rate on average. Isn't that low? How does one justify putting 300k down to only make 2k-4k a month? Is that a normal return?
Hello BP Members, I am interested in purchasing this 12 unit building and would appreciate if members could assist me with purchase price. It's an off market property and Seller has passed away and his family doesn't ...
Hello everyone,
I need some advice. I have a rental with amazing tenants but it's time to raise the rent a little. We were thinking about $20-30. My question is how to convey this to the tenants without alienating th...
So I work with a lot of clients analyzing properties.
A trend I am seeing is a critical mistake made by buyers of value add multifamily.
The larger number of unit buyers 50,100 units or larger do not ty...
Hello BP family. I'm working on my first deal after about 3 months of marketing, and need some advice on whether it is worthwhile. This lead in particular was generated via my high equity absentee owners list (500 ...
Hey guys, Q: Say there is a downturn/market correction in the next year or two, what's the best strategy today if you're hungry to get involved with REI? I hear time and time again from podcasts & advice online th...
Hi everyone, I do not even know where to start with this one as there are so many variables and things to cover, but I could really use an outside opinion.
My wife and I are looking to get into our first rent...
Hello all. This is my first question posting on Bigger Pockets, and is a topic I've been wondering about for awhile now.I bought a duplex while 20 years old in college, and am still holding it 7 years later. I lived...
If the cash flow was the same and out of pocket amount the same, what factors would assist you in determining whether or not to buy 6 rentals or 3 rentals?