Do rents generally go down in an economic downturn? If you are underwriting a property do you consider that the income may actually decrease (if so by how much) or do you think worst case scenario rents are stagnate?
I work with many investors from out of state, and aside from their returns, their most important concerns are with the management of their Condo/Towhome. The point of this post to help share ideas on how to self man...
Well, after re-analyzing my rental property in AZ, I am debating selling. I purchased it with a VA loan (I put very little down) as I was planning on living in it for a long time. Anyway, my life situation took me fro...
Hi everyone, I’m looking at a 4 plex in Phoenix (Sunnyslope area, C neighborhood) and wanted to know if you would make this deal:$300k purchase price, 25% down. All 4 units completely remodeled, new roof, new plumbing...
Here’s my latest blog post:https://www.biggerpockets.com/blogs/8290/76279-it-s-all-3rd-grade-math?created=1I’m looking forward to reading all your comments.
I've come across a 6-unit building for sale. 5 of the units are 2bd/1ba and rent for $600 and 1 is an efficiency apartment with one room and a bathroom that has random month to month for around $200. I'm just using $3...
Can anyone explain to my why it's so important to worry about cash flow or cash on cash ROI when you have a property with an excellent cap rate? Why should the initial returns matter so much to buy and hold investors?...
Hey Everyone,I need help analyzing what I think is a good deal. Now, I have not looked inside the apartment yet but if pictures prove worthy, then it should not need any work. If there is work needed, it'll be minimal...
Hello BPers forgive me as im trying to do my best with the sellers financials provided. Im trying to analyze this deal to see if it makes sense to purchase and if so at what price. The Knowns:All utilities are thru th...
Hey BP community,
My wife and I came across a property really close by to us that will be a great buy-and-hold investment in Atlanta. It is a two level home that currently has 7 tenants in it and will conti...