Are there any old timers on here who owned apartment buildings through the last cycle? I'm curious what happened to your NOI. Did it take a hit, and by how much? Was is from increased vacancy, increased concessions...
Bit of a wild situation here, at least to me and my lender; maybe it is more common than we think, not sure honestly. Anyways, on my latest project, the title came back yesterday and revealed two extra parcels of land...
Has anyone ever acquired a severely distressed property (long neglected water damage, structural damage, mold, hoarders (and cat poop)) and lived to tell about it? We are so shocked by the state of a recently acquir...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $55,000
Cash invested: $155,000
I just recently came across a post on the BP forum "Seeking Biggest Mistakes" and f...
Not sure if this question is allowed here but thought I would give it a try! I’m in the Portland Oregon metro area and just passed the RE exam and ready to find a principal broker. I have another flexible job at the m...
WHAT DO YOU THINK?
I have spent the last 6 months analyzing properties. I have recently come across a property that makes sense from a cash flow point of view. We are having inspections done in two days. My questi...
Rates currently running at 4.125% on a 30 year with 20% down and 4.375% to 4.50% with 15% down.I am purchasing a SFH for $160k. Putting less down would save me about 8k in down payment to help build my next down paym...
Hi there!My wife and I bought a condo in Southern CA in 2010. Since then we have renovated it and we now have a significant amount of equity (about $250k). We are thinking about selling and moving somewhere with a LCO...
I have a client who has a piece of property that has a 99 year triple net lease and generates currently $20K a year. Amount of income can go up based upon more cell carriers using the cell tower. Still, this is ...
Can some experienced investors with apartment buildings help me clearly understand the financing aspect of purchasing an apartment building. I am looking to purchase a building with 10-30 units anywhere from $700,000-...