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I'm considering getting out of the Mid-Term Rental Game.I purchased 30 apartments (two 10 units, a 6-unit, and a 4-unit) for the purpose of running them as Mid-Term rentals.Currently, half of them are being run as MTR...
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So I’ve run the numbers on the airdna website for a property that caught my eye… What came back blew me away. It’s a 16% cap rate, NOI of $50,000, gross income of 96k. 87 % occupancy rate, $154 a night. If this data ...
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Hi. I'm trying to compare some of the private deals mentioned here with public REITs.
Looking up the income statements for Equity Residential (trades as EQR) I find a line for cost-of-goods-sold. What is this for...
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Very interesting BiggerPockets Podcast came out last week titled "The 2023 Bnbust: Are Short-Term Rental Hosts in Trouble?Tony Robinson and Robert Abasolo sat down with the Vice President of Research at AirDNA, Jaime ...
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Can someone explain me the whole concept of cap rate ?
Thanks
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Hey everyone! >> Getting to the question: Why are the appraisals done on my recently renovated houses including comparable of bank owned properties to determine value (many of these properties in bad condition,...
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Can you run the numbers for a duplex like you would for a house for each unit and can you rent it out the same? Like if a find a house that's 2/1 renting $700, 1000sq ft, and my duplex unit (one of them) is the same, ...
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I am looking at a multi unit but am having hard time figuring out the what the rent would cost. It has 2-3 bedroom 1 bath units and 1- 2 bedroom 1 bath unit in a residential triplex. Do I compare it to a apartment eve...
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I have a lot in Forest Grove that I can build a 10 plex on it. Compare to buy an existing property which per unit price is about the same as building a new one myself, should I build instead of buying an existing prop...
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Hi I'm a newbie. Does anyone have a good system to find comps for purchasing a house? I'm currently just cruising Zillow and finding homes previously sold. I'm not sure if there is a better system. Thanks for the h...