Blair Murphy
Just got my 4-Plex appraised, should I sell?
Hi,I bought my 4-Plex 3 years ago in Sacramento for $229K. I recently got it appraised because I'm looking to do a cash-out refi. The appraisal had it at $310K. About a week ago I got contacted by a person interested...
Jaren Barnes
How to Find The Average "Median House Price" For Apartments
Hey guys and gals!I'm doing some market research for good potential options in multifamily, and I can't figure out a way to quantify an average price per market.For example, in residential I'd use the median house pri...
Cosmo DePinto
55K total to put down on a rental in Cleveland
Hey guys. I have 55k total to put down on a rental in the Cleveland area. What is my best bang for my buck in the area?(new to the area) Thanks in advance.
Eric Chang
Appraisal valuations and increase property values
I've done some BRRR deals to add value to my properties with good success for properties in Southern Alberta.
I'm curious if there's any appraisers/flippers here can comment on:
1. Other than using comps, how are pr...
Chase Olson
why the cap rate change
just a month ago, everything in my area was selling at a 7-8 cap, Now everything that is still for sale has moved to a 4.5-6 cap. anyone might know why?
Bobby Gupta
closing on first property today
I am in a market where literally properties are sold within few days and are bringing over the market value. found this 3 bd 2 car 2 and half bath on sale by owner which was listed like with in an hour. called the per...
Wendell Butler
Feeling In a lull
Anyone else feel in a real estate investing lull? I’ve been underwriting deals here and there, and almost every one I underwrite does not work at their asking price. Most of the time it only works at about half of the...
Ben Phillips
How do you gather data to determine best market for you?
Hi BP community,
I live in San Diego and I am looking to buy my first RE investment, which will hopefully be a multiunit out of state, wherever has the best macroeconomic trends and best bang for your buck. T...
Page Huyette
Mobile home park with single family homes deal
I've come across a deal that I could use some help with:
2 acres +/- near active downtown area
small mobile home park with 80% of units owned by landowner
3 small single family homes on lot as well
100% occupancy
as...
Mark C
10-15+% levered returns possible? With 1-1.5M cash
My partner and I did our first deal a few years ago which went really well and we have about 1-1.5M in equity, but the problem is that the cash flow it generates is not that great - partly because cap rates are so ...