Let's say we underwrite a deal and we think 3% growth in Gross Operating Income and 2% growth in opEx are reasonable. Because of this delta, NOI increases every year and Cap Rate as a result. But NOI can't grow infin...
Unit Type: Fourplex (two detached studios + duplex)Year Built: 1965Building Size: 1,700 sq. ft.Price: $440,000Current Rents: $3,755 ($1,075 + $1,005 + $900 + $675 + $100 storage). The $675 unit is below market...curr...
Hello all. I'd appreciate some guidance or validation in my plan below. I am a first-time investor that has been researching my butt off for the past few months and am very appreciative of this forum. So much informat...
Just put in an offer for around 715k on a building in a lower income area in Chandler AZ, but surrounded by good neighborhoods with great schools, as well as higher income areas This particular neighborhood's median h...
What do you look for when buying a 5+ unit apartment bldg? What is on your due diligence checklist?
I'm looking at doing a 1031 exchange on a property that I'm selling on a short notice due to an unexpected offer. I nervous about finding the "perfect" investment replacement with only a few weeks to identify the prop...
Hello,I just found out I'm moving to Portland in the September/October time-frame and I'm hoping to get some advice. I've always wanted to get into real estate but have been living (mostly) in Japan for the last 9 ye...
Hi all, I am new to this space and although I have been passively exploring RE to improve my knowledge I haven’t invested yet and need some direction. I have 200-250k in liquid and I want to put that money to work. My...
I was contacted by a woman named Faith Lee on Linked In. She works for El Solutions LLC. The website for them shows they do payday type loans, small amounts. I told her I don't think there would be any need since I ne...
Hi! My husband and I live in Los Angeles, California, and are looking to invest buy-and-hold, out-of-state properties. We’re looking for 1-2 multifamily properties that don’t need rehabbing in a blue-collar or above...