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...
Hello everyone! I am very new to the real estate investing world and am currently in the education phase; I'm trying to learn as much as I can before I get out there. However, the more I learn the more I realize I don...
H everyone,I am a SF Bay Area resident who is looking for alternative investment vehicles for long term-hold. I have been lurking on BiggerPockets forums for months now and thought it is time to come out of shadows.I ...
Bigger pockets has been an excellent source of knowledge, networking and collaboration for me over the past year. I've read and learned quite a lot while scrolling through this site, and figured I'd create an open for...
Hey guys comments please....gave my lender a scenario and he came back with this, definitely going to talk with others as wellGood Morning Ryan, typically when we are valuing properties that a member has purchased and...
Hello, I just bought, my first ever property/home (woo), and there is an existing in the lower unit. And they have reported a slow clog in their bathtub, the thing is they offered to hire a plumber and pay for it them...
Greetings from Wichita. This question is not for political debate, we are aware of the laws of Kansas regarding firearms. We would like, however, to be proactive and not surprised if a tenant owns a firearm. We would...
Hello all,I was looking for some advice with possible best next steps to expand on a newbie portfolio with 1 live in duplex (live on bottom, rent the top floor) rental. Especially in this market with high interest rat...
I am currently refinancing a rental property that I own. The new loan will have a $77,000 principal balance and a 15-year amortization and term. The loan officer presented me with the following interest rate options:3...
I have been on a quest to find good BRRRR deals in my area. It seems that everything I look at and run through the BRRRR calculator is overpriced. Is anyone having the same issues? If so, I like to know how you are fi...