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This property consists of 12 units, 2/1, currently no vacancies.
The asking price is $569,000. The annual rent is $86,400, with listed potential rents at $90,000/yr. The units are 3 quads and deeded seperatly.
Th...
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Background: I own 7 properties, total 24 doors. Current loans are a jumble of 4.25-5%, 5-10 years balloons. Total outstanding mortgage balances: $498,000I approached my lender (Local credit union) looking to refinance...
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Recently I have connected with a gentleman over BP and I have to say I am absolutely impressed by his vetting process and the questions he asks. He never asked a "silly" questions and only clarified when he needed to....
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Im sure this has already been discussed at length, but why not ask the question again. When does it make sense to wholesale a property? To my knowledge I think I have only done it once or twice. Whenever I see a de...
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i am trying to better understand how people get cash flow from the rental properties they use. Is it the way a property is financed that creates the cash flow or does it just have to do with the price you paid for the...
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I have a flip on the market for over 30 days now, just like @Christopher Blanco. Flip Not Selling - 15 showings, all positive feedback, no offersBut unlike Chris, I only have 5 showings. I have read a bunch of suggest...
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Hey guys, I have been searching and searching but am having trouble finding any decent cash flowing properties in Southern California. I have been looking in Oxnard, Ca but even there the average multi family propert...
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Mostly just looking to find area outside of the Atlanta area that could possibly hit the 2% rule , places that I’ve considered Macon, griffin , dalton , maybe Cleveland tn , Athens , Columbus ect I guess I’m really tr...
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*Disclaimer -- this is only based on my personal experience in my small corner of the okc market*I get asked daily about rental rates in the OKC metro and what a property should be listed for. I constantly have folks...
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Hi everyone,I was looking at an investment property that returned a 5% cap rate after renovations. The cash on cash return is basically 1%Can everyone give their two cents to what their cap rate is on your properties ...