Adi A.
What is the market cap rate for C class properties in Atlanta MSA
Hi,I'm evaluating a mid-size (40 - 70 unit) MFH property in the Greater Atlanta area. Would like to know the current market cap rate for such Class C properties?Please let me know.-A
Account Closed
2% Rule/Test
Hello fellow Real Estate Investors!I was trying to wrap my head around the 2 % and how I can figure out which percentage applies to my market but now that I was testing the BRRRR Calculator I've gotten more confused, ...
Daron Williams
Do i need an EIN just starting out
So for the last 3 months i have been Investing in buying tax resale (stuck off) and wholesaling in texas.. i have purchased 2 lots that i have listed on the MLS and now i have my secoñd contract to go in escrow with b...
John Smith
Sub2 Mortgage but Parents Stay in House
Quick scenario: parents have about 20k left on their mortgage, paying over the next 5 years. Low income, barely break even cash flow. The house is in dire need of repairs. They don't really want to move, and we'd like...
Tyler Solomon
Least Favorite Parts of Owning/ Operating a STR?
I am certainly one of the bigger proponents of STR's, but I do think it is important to keep in mind that these are assets which require creativity, upkeep, costs, and a whole lot of TLC. With that said, I think it is...
Jacob D.
Essential Formulas, Websites, Etc.
Hello BiggerPockets, happy Sunday!So I joined last week and made my introduction. I was warmly welcomed into the community with positive and encouraging responses, which I thought was awesome.Many recommendations were...
Brandon Nappi
Putting on an addition?
We are purchasing a property outside of Cincinnati, OH and have ran all the numbers - the investment looks solid with or without an addition. However, the homes in the immediate neighborhood are nearly 1000 sq.ft big...
Leslie Fisher
Shopping interest rates without banging my credit.
Should I simply call the banks to get a ball park on the rate and do my calculations with that estimated number or will I need to apply and get the rate available for investment properties at several banks? Won't the...
Kate Andreeva
Math and Finance nerds need your help! CAP rate calc
Trying to calculate Cap rate for the primary residence I hold that I am trying to convert to a rental property.Here are the numbers:Original purchase price: $400KCurrent value: $600KCurrent loan amount: $300KPlanning ...
Gabriel Beverly
Moving To Colorado Springs
Hello BP! So after a long time my family and I are finally in a position to buy our first investment property. I was looking at a duplex or triplex here in the Houston area to get things going with a house hack, but I...