I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...
Hi BP, I need your help on scoping this out while I am under contract.The house appears to be in great shape other than the brick veneer siding dropping off, which appears to have started at the back corner of the hou...
Hi I am aware the process of doing such varies from city to city. I am in the city of san diego and have spoken to the city, they told me to talk to my realtor the sold us the duplexes and but my realtor is not sure. ...
I own a rental townhouse that is governed by an HOA (yes, I know many people don’t like to buy houses in HOA communities, but where I live there is little choice).When I purchased the home almost 4.5 years ago, the pr...
How do Chapter 13 or Chapter 7 effect a note you have purchased or about to purchase? What are the opportunities and procedures necessary to take advantage?Thanks in Advance
I am considering renting out my primary residence. It was a VA loan and at the end of October I will have been here one year. Which means I can move out and rent. I have a friend who owns multiple properties and rents...
So after a good search, I've stumbled upon what seems to be a decent deal, but I wanted to get some more eyes and opinions as I've only done one deal and I have all of BiggerPockets at my fingertips with this post! Af...
So I purchased a "Turnkey" single family home in Detroit (specifically Taylor) last year. Things started going south almost immediately. Rents were late almost every month, then the renter decided to move out, and sin...
I am analyzing some multi family properties and one of the properties is a tri-plex with two attached units that are unpermitted. Assuming this is likely why the selling price is lower than expected. Does anyone have ...
A roofer is asking me to hire a Public Adjuster (PA) to negotiate a hail claim with my insurance company. The roofer sent me a 1/2 page contract that would let the PA work on my behalf for $225/hour with no cap. I'l...