This is a silly question possibly. I have heard people in forums says regarding cap rates to pay attention to the overall trend. Just because you bought at a 7 cap today you need to follow the historical trends of the...
I'm looking at a deal where the seller is anxious to sell a 38 unit apartment complex. They bought it for cash in 2005 for $1,675,000. Here are the current numbers.Asking Price $1,411,000. The normal Cap Rate for the ...
First off definitely want to wish everyone good health during this tough time. With the current crisis going on alot of people will look to get ride of their properties to get much needed cash. But my question is are ...
Last week I pulled the plug on the purchase of a fourplex during inspection because the numbers weren't going to work out if the RE market dropped much and the property needed rehab the owner didn't want to deduct for...
Hi all... I've been analyzing a lot of deals from realtors and loopnet and I just can´t make numbers work. The price that comes out of my math is just to low that I don't know if I should even try to make an offer.
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I've heard people recently mentioning that the US is headed towards a market correction. In what ways is this different than a full crash, like in '08?
I have found a HML that will lend up to 70% ARV at 12 percent. The closing costs are 3000 (which includes one point at closing) and there are 2 points due at payoff. Draws for rehab require inspection at a cost of 125...
Ok, I suppose it is possible - I'm just hoping to get some experienced investors' take! I do have capital that I'd like to put to use in an apartment building in the roughly 400K-700K range, however I can't seem to m...
Hey guys, I'm working on my first multi-family investment, and I'm hoping you all might have some advice. I am currently renting an apartment with a lease that expires at the end of January, so I'm in a bit of a time ...
Hello BP and Apartment aficionados,I have heard many seasoned investors say start small and grow bigger. I have also heard them say in retrospect they wish they had started from the beginning or at least sooner with 5...