from a twitter thread:The cap rate serves to price the risk of the NOI the asset is producing and producing a value accordingly. Cap Rates are determined for a specific property through looking at similar properties'...
Hello everyone! My first post here and is a complete noob in real estate investing :)I have a chance to put a 0 down on a condo in a A grade area that cost 400k and rent income is around 2400 a month. 0 down will resu...
hello friends, I have only posted on BP a few times, i do alot more reading than i do posting. My topic is in regards to my first investment property i purchased march 2011 is a two unit, up and down, I have gone in a...
Hello All,
I have had an interest in Real Estate for some time, but just recently I have made the decision to take action and make things happen. My main purpose here is to get educated, network (make connections), a...
My wife and i are looking to buy an auction property. its a house thats valued at between 250-275 thousand and sits on a few acres. we think we may be able to get it all in at 200,000. The House has been on the auctio...
Not sure if this is the proper forum for this question but here is the situation.
I just received a letter from my lender on my primary residence. It basically states how much I owe on the mortgage and that if I wis...
My partner and I live in a three family building in Chelsea Ma ( city right next to Boston ). All three units have a single small full bathroom with no windows. Two of the three units regularly deal with mold on the c...
I've started a property management company and need to hire on an employee to help handle the load, but I'm having trouble figuring out HOW to actually hire them. I have the person already lined up and ready to go, bu...
If you wanted to add a unit to a property would you value it the same way you would value any other property?(50%, 2% rule)
Does anyone add units to their properties, like basement apartments?
Newbie question here. I was looking at a MF property with 10 units listed for $485,000, however, when I checked the county appraisal site just to get a rough idea of their assessed value, it shows $170K for both asse...