Did anyone else see this article in the Strib today? https://m.startribune.com/twin...
For those who don’t subscribe, I will give you the highlights.....
They expect vacancy in Mpls/st paul to go from current 3.5% ...
I was thinking about the assumption that the cap rate will expand by 20 basis points in a 5 year period in a syndication I’m considering. From 4.5% at acquisition to 5.5% upon predicted exit. I was asking myself if it...
I am 68 years old and retired. I own 2 Condos in NYC. Both offer a positive cash flow. Due to current conditions, the rental market now is extremely competitive. One of my tenants is leaving. I have a few choices. I c...
I'm going to be investing out of state and the only area that I do know is too expensive for me to really make any money there right now. Does anyone have ideas on how to pick a state to invest? I'm thinking of moving...
Hello!My name is Nick and I am a Landscaper (manager) by day, real-estate investor by night! Or at least I consider myself one!I've joined the Bigger Pockets network to learn and share, hopefully like yourself! I've l...
We are looking at a 116 unit apartment complex. The asking price is $4,950,000. The NOI is $484,000/yr. The seller will carry a 20% second. With 100% financing we should cashflow about $13,500 a month. That is calcula...
My mother owns a very successful property management company. She manages 400+ properties from commercial to residential. I’ve never heard anyone talk about this strategy But you can go to a property management compan...
Hi All, I am a new STR owner in the Phoenix/Tempe/Mesa area. I have set up my listing on both Airbnb and VRBO but I haven't received any traffic on Airbnb and on VRBO I received some inquiries and booking...
Hello. Hoping to get some opinions on this. I think these people are ok, but just want to get feedback from some of you more experienced folks. I’ve a very logical person and hard to impress. Screening people has been...
Recently a realtor contacted me about this 9 Unit property. Once I received financial a lot of red flag went up. I reached out to the agent and he was able to setup a meeting between myself and the owner of the proper...