Magesh R.
MF prop evaluation
I am looking at a potential 10-unit MF deal in Columbus, OH. Now, I have read about NOI, CAP rate etc and evaluating the purchase price based on cap-rate. But as I sat down with a spread sheet to plug the numbers in, ...
Steven Trang
1% Rule in California
Hello all, I have seen some SFH's and MFH's that meet or are close to the 1% rule upon first glance in the Sacramento, Modesto, and Fresno markets. Just curious, would you invest in a SFH or MFH in any of these Califo...
Johann Jells
Can lower rent actually get you better qualified tenants?
My wife has this theory that lower rent actually gets you better qualified tenants, on the premise that since they're more desirable but often just as frugal as anyone else they can stand out from the field and get th...
James Bitakis
Which property would you choose
I am looking at a 4-unit in Kankakee, IL. or an 8-unit in East Chicago, IN. 79K for the 4 unit225K for the 8 unit. As this will be my first multi-unit building, should I invest in the cheaper one? I live about 1 ho...
Troy Parker
Did I blunder my first home purchase?
Hello BiggerPockets community.
I bought my first home about two months ago. I purchased a 1500sqft 3/2 wood home about two months ago. The property was REO. I purchased the property with 5% down at 225k and it appra...
Abdul Azeez
Property Management issues
Folks - Anyone else having their property managed by Reedy and company and are running into any issues recently? The experience was not like this over the last couple of years but seems to have gone downhill recently....
Sam McCoy
First-time post: Deal Analysis
This is my first post to the BP community (after listening to about 50% of the podcasts).Quick background: I'm in Yakima, WA. In 2006 I flipped two properties (for a profit!) and in 2007 I bought a duplex as a buy-and...
Michael S.
Potential Real Estate Investment Opportunity
Hi everyone,
First, I want to say thanks for taking the time to read my post, and I appreciate any advice you can offer.
I currently own a townhouse that was purchased during the peak. We have lived in it as our pr...
Tiffany Bishop
4plex in Milwaukee - Input Needed
Looking at a brick 4plex in Milwaukee. It would be my first out of state investment and I am wondering if it is too much to take on (because of possibly being in a higher risk area).It is in zip code 53205 right on t...
Ron Todd
Buying investment for cash flow with low chance of appreciation
My go-to turnkey company sent me an interesting offer last night. A 55k house cash flowing just over $200/month in a rougher area of town. The realtor doesn't expect there to be much appreciation as all the revitaliza...