In a market like southern California where the cap rates are for the most part under 5% it has been very difficult for me to find any type of MF property that meets the 1% rule (rents being at least 1% of purchase pri...
Hi. We own 11 SFH rentals, spread among 3 property managers (different states). All 3 PMs use Appfolio and pay us monthly. Any expenses go against reserves of $500 per property and if any expenses are higher than that...
hey all,As you will see by my question, I'm brand new to this. I own some small condos in another state but now live in Florida where I've identified 2 4-unit (separate tax parcels) buildings that I'd like to purchase...
Can someone please give me a detail information on exactly what knowing Your market is?I know the area I want to invest in, and I'm assuming that knowing your market is have the understanding on how much the propert...
Does anybody know the correct way to calculate this ratio? I have seen two ways on the internet.House Value $200K and monthly Rent is $900 - This is an example1. Monthly rent 900/ 200,000 = 0.005 Ideal valuation measu...
Good afternoon
New investor interested in multifamily. No experience, no deals but wanting to get started.
Thank you. Aaron
Investment Info:
Condo fix & flip investment.
Purchase price: $294,500
Cash invested: $55,000
Sale price: $634,888
Partner Driven, with Cindy and Damon Robbins, completed a profitable condo d...
Hi. I have heard rumors that the state of NC limits the number of hearts/heads per bedroom. I haven't been able to verify this information or find anything on the web. If anyone has insights on this or related matters...
I can't believe what's happening with wRentPayment.com! It really is scary to know something like this had happened.For those who are reading this post, you can read about the fraud that is affecting the majority of o...
Hi everyone. Would like to get some perspective from folks in the flipping business. I live in a very competitive area (Brooklyn) and looking to start my business in two additionally competitive areas (Hudson Valley a...