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Hello BP world!I bought my first property (thanks to the help of BP) back in April of 2014 in Oklahoma City.First Deal in Oklahoma City!Although I naturally made a number of mistakes throughout the process, I believe ...
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Acceptable CAP rate for multifamily properties in Ohio is as follow: Section 8 or any other subsidized housing is minimum 7.5%. For Market rate properties it is 8.5%. Student housing is minimum 6.5%. A good property t...
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Hello all, I am in the process of buying my first multifamily investment property and would like some feedback or advice on my strategy. Can anyone poke a hole in this plan? It looks great on paper but as we all kn...
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Hey BPers,
BP and I have an on again and off again relationship as I go large amounts of time not reading and participating... That said, I found BP when I accidentally landed into CRE several years ago and it is an ...
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Ok here's the background info:
225 Unit - Class C Property in TX
$535 - 1 bedroom rent, 100 units
$710 - 2 bedroom rent, 125 units
Monthly/Annual Potential (Gross) Re...
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I'm interested in a house on the market for $1,500,000 with the following monthly numbers;
rental income of $9,000
property Taxes $1588
Insurance $400
How do I estimate the other expenses such as utility bills (s...
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View report*This link comes directly from our calculators, based on information input by the member who posted.
I'm in a good position right now, and am unsure which is the "best" decision. I'd love any insights! I've been watching the market and preparing to jump into purchasing my first rental unit. Recently, I had an opportu...
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Hey All!There is an investment property in Ohio very close to me that is for sale for $15,000. I have a few thousand but not the entire $15,000. I know I could easily fix this up for $3000 and start renting it out for...
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Hi there! As a new member to the Bigger Pockets community, I thought I’d dive right in and make my first post a Deal Analysis! A little bit about me … I currently live in Boston but grew up around the Worcester area. ...