Does anyone know what CAP rate would be considered low, average, high for a Class C multi-family property in Miami?I am being offered an urban three unit portfolio with 26 units at a 6.1% CAP rate. Is this reasonable?
Project: Mobile Home ParkWith the click-bate title aside, I found a small mobile home park that seems profitable as is. Also, there is some value add upside. It seems like we can refinance and get a large chu...
Greetings all,Love your opinions on how to go about getting a second (investment) property after purchasing my current 2 family home in 2016. House is worth about $650K, owe $200K in mortgage (purchased at $505K, curr...
Hi All,I am currently searching for a prospective Property Manager, as my current Property Manager has moved out of the area. The property is a single family residence located in Beachwood Canyon, with friendly tenant...
We have been approached about 4 times in the last few months about high end SFR property and are currently discussing this with a couple looking to lease-purchase.The property is a 4k sq. ft. home built in 2006. No d...
My husband and I have been considering purchasing a small rental property for additional income. We have found a very small, but in relatively good shape, property for $35,000. It has been for sale for approximately ...
I just received an offer on my current fix & flip and I thought I'd run it by the BP crowd. Here's the scoop:1. House has been on the market for three days and has received one lowball offer in addition to the one...
Hi everyone! Analyzing one of my first deals and would love a second set of eyes. I'm a bit and hold, value add investor. What are your thoughts?It's a building on the main street in a suburb with a ton of foot and ca...
I'm currently looking at a duplex in my neighborhood. Seeing as I'm a real estate newbie surrounded by non-real estate people, I need some help from my fellow BP audience.Stats: One side of the duplex has a current le...
My business partner and old college roommate bought 3 properties together over the course of a year in Columbus, Ohio in Old North Columbus. He now is going to add a greenhouse to the large yard. Do you think that thi...