Hello BP,I'm looking at a deal, and I need help determining what qualifies as a "good" cap rate for small apartments in the Midwest.Here are the details:11 unit apartmentAsking price: $1.4 millionMonthly rent total: $...
Hello, we are in the process of pherchasing our first property( Hopely) Seller is a bit motivated to sell and we want to do short term rental. when you submitting offer how do you guys calculate? We want to make sure ...
I need help picking a market. Just watched Bigger Pockets podcast/video about picking a market here as well as read through this article about markets with both appreciation and cash flow here.
First lesson - keep th...
Hi there! I am wanting to start networking with others and get to know the investing life style more. I have done a deal recently (silent partner), but want to do more of a hands on and learning deal. I am a local bus...
I apologize in advance if this has been discussed recently. Here goes...Yesterday, I went to view a 4-unit property for under 116k. Two units rent for $190/week and the other two units rent for $180/week. The owner p...
Section 8 seems to have a certain connotation and mental image in multi family conversations. I’m curious about any actual experiences (good or bad) anyone has had with Section 8. Has anyone had any non-stereotypical ...
Hey all,
I've been lurking this site for a few months now. My family and I have been in real estate for a long time. My parents were involved in buying and renting 2 family homes here in NY. I tried my hand at it but...
Seeking advice/criticism on the numbers I'm running for a certain property. I want to make sure I am looking at the right resources for projected rent, ARV/comps, and make sure my repair estimates are not completely o...