Real Estate Investing Forums

1st Time Out of State Investor
Out of State Investing
Oakland, California
1st Time Out of State Investor

Hi All, I’m new to the Bigger Pockets community and excited to invest in my 1st out of state investment property! I’m specifically looking at markets where I can generate a decent amount of cash flow (annual cash on cash return of 8-10%). Currently looking in the TX/DFW area in cities like Prince...

How's the Market in Oakland These Days?
Buying & Selling Real Estate
Oakland, California
How's the Market in Oakland These Days?

Hi everyone, I've been out of the game for a while. I feel like I'm starting from scratch it's been so long since I've been to a meet up, etc. I'd like to find a duplex to invest in Oakland. It looks like there are some decent deals on Redfin. Then maybe rent it out to senior tenants from the Hou...

The T-12 vs OM gap — how big is too big before you walk?
Commercial Real Estate Investing
Oakland, California
The T-12 vs OM gap — how big is too big before you walk?

I've been underwriting a 12-unit in Temescal (Oakland) and ran into something that's been nagging me. Broker's OM shows: Asking price: $3,250,000 Gross Scheduled Income: $228,000 NOI: $138,600 Cap rate: 4.26% T-12 they sent over tells a different story: Actual collected rents trailing 12 months: ...