For those of you who have done a deal recently, I’m curious what the cap rate is in your city. City?Single Family or Multifamily?Cap Rate?Property Class?Purchase Price?I’ll go first:PhoenixSingle Family 6% CapClass A$...
Good morning all!
Just a few short months ago, my 2 partners and I created an LLC for the purpose purchasing buy and hold rental properties. We closed on our first multi in July. The mortgage is only in one of the pa...
Hello BPers. I wanted to start a new topic for Fayetteville, NC. I was hoping to make some connections with some other investors who were interested in, or familiar with Fayetteville, NC. I am looking for my next deal...
So I have had my eyes on this duplex for a while now, it is if off market and technically not for sale. I’ve been in touch with the owner for months now and it seems she is finally ready to sell. However, we cannot se...
What are some good ideas on real estate websites. I've seen some very good ones. 2 Questions:
1. How important is having my own real estate website?
2. What are your recommendations on website building companies?
I have a tenant that is on Section 8 and her lease expires at the end of October. I just received word from Section 8 that the portion of the rent that she pays is almost going to triple for the next lease. The tenant...
Can anyone recommend that safest yet least costly way to deal with the following issue.
It is past time to replace my e...
This is a silly question possibly. I have heard people in forums says regarding cap rates to pay attention to the overall trend. Just because you bought at a 7 cap today you need to follow the historical trends of the...
Hi all,My name is Brian and I've been lurking around on these forums for about a week. I'm currently 25 years old and am making about ~130k in my day job. I'm located in New England. I guess my question to you all tha...
I'm looking at a deal where the seller is anxious to sell a 38 unit apartment complex. They bought it for cash in 2005 for $1,675,000. Here are the current numbers.Asking Price $1,411,000. The normal Cap Rate for the ...