Marcela Hoag
🏡 Calling all real estate investors! 🏡
I am an investor and real estate agent and I've just secured a fantastic deal (duplex) for one of my clients, featuring an impressive 8+% cap rate with reliable tenants already in place, no repairs needed. Now, I wan...
Eric Inigo
First Rental Property.. SFH or Duplex?
Hello BPers! I am a new real estate investor looking to buy my first rental property in 2021. Based on your experience, what are your thoughts and experiences on buying a SFH or a duplex as a first rental property? Th...
Adrian Fajardo
Allocating expenses in bank accounts
Hello BP community! I'm very excited to be here and always happy to accept any tips from anyone. I'm still on the early stages of my investing journey and I ran into this question while studying. When I do get a prope...
Orie Brown
How to Use Sales Comps
Hey everybody, I had some questions about trying to understand how to value a single-family home and a multi-family home using sales comps in the immediate area. I live in and plan to do my investing in the Chicagolan...
Taylor Jennings
Sell a Property Turnkey or Sell a Note and Hold Property?
I just deleted about 30 lines of rambling in this post... I cut the fat.SCENARIO 1Would you sell a Property at 10.5% CAP for $48k (19% Equity) to make $16k and be clean of the house?orSCENARIO 2Would you sell a Note a...
Shrikar A.
Built a simple chrome extension for analyzing Zillow listing (Good Deal/Bad Deal)
Hello folks,Wanted to get some of the key criteria folks use in evaluation whether a deal is good or no. I for one built a simple chrome extension to see if the mortgage is less than rent and accordingly provide that ...
Sitaram Koppaka
Acquired new MF in Cleveland
Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,600,000
Cash invested: $400,000
The Revel Apartment is located on Cleveland’s west side in the popular Kam...
Adam R.
Current Capitalization Rates
With the increase in interest rates, looming recession, and drop in asset values generally, at what are the cap rates that folks are you purchasing? Is 10% still the magic number or are folks willing to buy at a lower...
Christopher Freeman
Multi-Family (5+) Valuation
So it is my understanding that multi-family properties that feature more than 4 units are appraised based on their NOI and Cap rate. I understand the math behind that, so no need to dig there.My two questions are:1. H...
Charles Phanumphai
Property Management Tool Recommendation
Hi BP community - We have about 20 properties and growing, that we manage on MS Excel. Properties are a mixture of short and long term rentals. What software tools would you recommend that would help not only manage...