Hello to all,
So you see the situation in the description. The seller is older and not aware of the possibilities of the property and doesn't want to deal with rehabbing. My idea is since the Owner has close to 100% ...
Sharpening the Numbers💥 In today's market you really need to be able to correctly sharpen your numbers when making offers on Multifamily properties!
👉 From your rent comps, taxes, insurance, payroll, CapEx, debt, etc...
I'm looking at an REO townhome that is currently priced at $100,000. Rents are about $1200 in the area and the homeowners fee is $50 per month with property taxes at $175 per month. Let's assume insurance will be ab...
Need some input on the following deal:
Units: 1,2, & 3 bdrm townhouses (majority 2/3 bdrm)
Section 8 (renting under market price)
Occupancy: 80%
Price: $12,500 per door
Cap Rate: >10%
This is the first apart...
Stats for this deal a fellow wholesale friend in ST Louis Metro
Total rents $900 per month $450 per unit
Asking price only $28K All brick with detached brick 2 car garage
Not so good news 1 Bedroom 1 Bath each...
I have a friend that lives in a apartment complex, after a new management group took over they lowered the rent. My question is it legal to lower rent on the new tenants and not offer the same rate on the old tenants ...
I am new to RE investing. I work for a private company that paints houses and apartments, inside and out. What I have noticed since I started studying real estate, is that most of the houses we paint are houses that a...
Hey all, gonna make my first offer today on a multi-family duplex 3/2 X 2 in the Waco, TX area near Baylor. Asking price is $249,900 and has 100% occupancy. Revenue is $23,400 yearly, expenses are $9,200 yearly, NOI i...
This is the deal...4 Unit building, well actually 2 two family building on one lot. Price $285,000 rents total $3100.
I just found this website last week and there is a wealth of information but I wish I had found i...
Hello BP Fam,Ever since I was a young kid I wanted to become a real estate developer. Over the past 4 years, I have acquired several rental properties in the Chicagoland, NYC and Albany area, most of which required o...