All Forum Posts by: Alex McGhee
Alex McGhee has started 16 posts and replied 35 times.
Post: What is expected cap rate for a 15 unit apt bldg in S. Miami, Fl,
- Buy and Hold Investor
- Boiling Springs, SC
- Posts 36
- Votes 5
Members,
Is there anyone on BP, that may know (or have experience with) what the expected cap rate for a 15 unit apt bldg in S. Miami, Fl, should be? Is this a reasonable question? It is across from the University of Miami. Commercial is new to me, so if you need more info from me, please advise. Also any advice, suggestions etc , are, of course, encouraged and welcomed.
Thanks, in advance.
Alex McGhee
Post: BRRRR and target purchase price % below ARV
- Buy and Hold Investor
- Boiling Springs, SC
- Posts 36
- Votes 5
Thanks for your thoughts. much appreciated.
Post: What is the danger of being labeled a "dealer", from IRS?
- Buy and Hold Investor
- Boiling Springs, SC
- Posts 36
- Votes 5
Gentlemen, thanks for the input.
Post: BRRRR and target purchase price % below ARV
- Buy and Hold Investor
- Boiling Springs, SC
- Posts 36
- Votes 5
More to the point, Brandon mentioned when implementing BRRRR, he can pay more than a flipper. Flippers typically want to buy 30% below ARV, did I hear Brandon right, that BRRRR can be purchased up to 20% below ARV?
Post: What is the danger of being labeled a "dealer", from IRS?
- Buy and Hold Investor
- Boiling Springs, SC
- Posts 36
- Votes 5
Negotiation tactics, is there a podcast covering this issue?