Chris Purcell
Justifying low offer on three unit multifamily
I'm looking to buy a 3 unit multifamily property in Baltimore. The problem is the seller, in my opinion, is asking way too much for it. I want to put an offer in but I don't want to scare them off by offending them or...
Paul Winka
Why is cap rate normally reserved for commercial REI?
Why is the cap rate normally reserved for commercial real estate investing? Do I look like I don't know what I am talking about if I market a SFR or duplex and mention its cap rate?
Zoran M.
Would you do this deal?
Hi all – just about to sign on the dotted line and wanted to get your take on the property listed below. This is actually just one of a few properties that I’m purchasing in Cleveland from an off-market portfolio, bu...
John Warren
Practice Multi Family Analysis 1
Hi BP community!I am getting ready to, hopefully), buy my first commercial sized apartment building this year. In preparation, I will be practicing my underwriting skills on a closed multi deal in my target area every...
Chase Gochnauer
Another commercial deal seems right on target
15k SF flex space, 24 years old. Nice looking building, warehouse/office. Near major metro downtown.List price: $965kNew 3 year lease @ 8.5% cap rate($81k/yr) with established companyTenant is responsible for pretty m...
Benjamin McClellan
Cap Rate Michigan
Hi BP, I own single family and small multi units in Grand Rapids MI. I am looking for info on the Cap Rate in Grand Rapids Michigan. I would like to buy a mixed use and larger multi unit properties in this area. Than...
Account Closed
Deal or no deal? What am I missing?
Hey everyone, I just put under contract a 2- flat building in the Chicago area. This is a class C neighborhood. Can you please give me some advice and criticize my analysis below? The first unit is renting for 700 (lo...
Jason Merchey
Cap Rate on a Nice Mobile Home Park
Hi all. I'm new to mobile home park investing. A friend got a piece of land under contract that is in an area I would describe as: growing, nice for a double-wide and small home neighborhood (some trailers, but every...
Kevin Marrin
Pay a Premium for my first MHP,?
Hi All, I'm about $50,000 away from a take it or leave it ask price by a MHP seller. The park meets all my requirements and has extremely good upside in potential income. I'm hesitant because it's my first deal and ha...
Eric Waterman
CAP rate in Dover, Delaware
I have asked two realtors about what cap rate investors are deploying capital in Dover, Delaware. Both didn't know what I was talking about. They both supposedly have worked with investors. One is also a property mana...