All Forum Posts by: Egemen Toprak
Egemen Toprak has started 3 posts and replied 11 times.
Post: Sales History of Property $100
- Rental Property Investor
- Miami, FL
- Posts 11
- Votes 0
Hello everyone,
Sales history of many properties on Broward County Appraiser's website is $100. Why ? Does it mean the property bought from auction (foreclosure) ?
Thank you
Post: Pre Foreclosure - Zillow
- Rental Property Investor
- Miami, FL
- Posts 11
- Votes 0
Thanks for all the valuable information
Post: Single Family in Ft. Lauderdale as investment?
- Rental Property Investor
- Miami, FL
- Posts 11
- Votes 0
Ft Lauderdale is an amazing place to live but i think a bit expensive now to invest. I ve been looking multifamily in the area and most of the things around 5% cap
Post: Completed my first Flip in Canton ga.
- Rental Property Investor
- Miami, FL
- Posts 11
- Votes 0
Great job
Post: Webinar: How to Buy Small MultiFamily Properties
- Rental Property Investor
- Miami, FL
- Posts 11
- Votes 0
Is this webinar recorded ? Too bad i missed it
Post: Southwest LA Investing
- Rental Property Investor
- Miami, FL
- Posts 11
- Votes 0
Hello fellow LA investors,
I am in search of new cities where there is a future for appreciation and green light for investment. Many cities who grow fast already have insane bidding wars and low returns so i decided to post a thread and ask you. Recently i ve been doing a research and found out that $43 billion in capital investment projects under construction in SW Louisiana and $74 billion in projects announced or pending for final approval.
What do you guys think of the future of the real estate market in Lake Charles ?
Do you guys expect huge jobs growth ?
Mega project like Sasol is under construction do you guys slowly feeling the momentum with the real estate ?
Thank you
Post: Out of State Investor Looking to a Realtor in Jacksonville
- Rental Property Investor
- Miami, FL
- Posts 11
- Votes 0
Hello experienced JAX investors, i am currently looking at a multifamily apartment in Avondale. What would be the optimal cap rate for current market in that area ? I live in South Florida and from the research i made it is a nice stable area. Would be great to know what do you guys think for that area to invest ?
Thank you
Post: Delinquent Property Tax Lists
- Rental Property Investor
- Miami, FL
- Posts 11
- Votes 0
Originally posted by @Josh Lipoff:
How would you want to go about this in Florida?
Hey Josh were you able to figure out for Florida ? Thx
Post: Where would you invest for multifamily in South Florida?
- Rental Property Investor
- Miami, FL
- Posts 11
- Votes 0
Originally posted by @Account Closed:
Fort Lauderdale is a great area right now. Good fundamentals and prices are not so high that cap rates are compressed
I live in Aventura and checked Fort Lauderdale, couldnt find anything above 5-6% cap. Do you find sth better than that ?
Post: 25% expenses on Multi Family
- Rental Property Investor
- Miami, FL
- Posts 11
- Votes 0
Originally posted by @Account Closed:
I would also say this, since your starting out I would apply the 50% rule until you have one or more under your belt.
Once you have the first one or two your belt, then you can start to reevaluate your numbers.
I am just now in the process of purchasing my first 6 plex, and the great thing is in a few months I can start to really understand for the future what goes into owning a property like this. Which will only help me when I start to purchase the bigger complex's.
Its all experience, but until then, do not let anyone tell you the numbers they want you to have. Hope this helps!
Hey Amir, i am curious if its okay to share how is gross rent/expense ratio going ?