We have an opportunity to purchase a portfolio of about 30 doors (22 SFH/Duplexes). How do I determine the desired CAP RATE/Price? I have rental amounts (about 15% below market), all are on 1 years leases with auto...
Hi all,I grew up in the Bronx and somehow the prices of multi-families seems to be calling me back!I am analyzing an opportunity that has had several price cuts in the area I grew up in. It's below $1M for a 7-unit, ...
Hey guys and gals,
I'm looking at purchasing a multifamily property in the Upstate of SC (Greenville and Spartanburg specifically) and was wondering what other investors are seeing market cap rates at. Had an 8 unit ...
Hello,
My name is Mike and I am looking to buy commercial real-estate apartments 5+ units. Most of the research I have done on the area was of 2 and 3 bedroom units. But I had someone reply to my direct letters with ...
According to FHFA - Borrowers with higher credit scores and larger down payments are going to be penelized with higher rates to subsidize higher risk borrowers. So everything you have been doing to save up, work for g...
Hi everyone, these forums are an amazing resource, and I’m looking forward to connecting!I’m based in Orange County, CA, and acquired my first three single family rentals in South Carolina over the past 9 months. I’m ...
I am working on a spreadsheet for deal analysis and I need some input.In my deal (year 1) I have $10,512.00 in income and $8,316.96 in operating expenses. Thus, income less operating expense is $1,195.04. What is th...
Does anyone know the best way to charge tenants, at a triplex on one water bill? I have a tenant with five kids. I live in another unit and another guy lives in the other. That's a total of 8 occupants using the water...
On a 12 unit complex, we have a once-a-week, 8 yard dumpster track pickup. I've noticed it's almost always full when I visit the property, and bags are left lying outside of the dumpster. I spoke with the pickup com...
Looking for my first investment property in Atlanta area and was reading about Section 8. Is there any Real Estate investor here that has experience in that?