We hear a lot about “The 2% Rule” (or, as The Book on Rental Property Investing calls it, “The 2% Test”). For our benefit, I would like to create a local forum discussion (THIS forum discussion) that documents our in...
We are looking to break out of the small multifamily market (2-4) and into the large/commercial multifamily world. We are coming off of a great BRRRR project and will have a large sum of money to be looking at redepl...
Hello, my name is Jeff Kovac. My wife and I are Alaskan residents currently operating a small business in the oil fields of North Dakota. Found one of BP’s forums during a commercial real estate search. Checked out th...
I am looking at a 160 unit storage unit complex.
What should be the cap rate be?
I figured 10%
What are the occupancy rates should I figure?
I used 85% but not sure how much turn over there is in storage units. I ...
Hi guys,
I’m relatively new to the world of multifamily real estate investment and I’m struggling to find any deals that come even close to making sense. In order for need to find cash flow in a given property, I oft...
Sooooooo.....I just recently purchased a house that I am in the process of flipping and today one of the guys in my contractors crew found the cremated remains of the previous owners wife in the garage. I have tried ...
When trying to wholesale a pre-foreclosure,is it possible to offer a seller who's in pre-foreclosure the equity in their home and then use that as the offer? If so, when the contract is assigned, what should the assig...
I am not a fan of the 2% rule, although I will say I think rent/cost is my favorite calculation. We usually determine what type of rent/cost we can accept in any given area and go from there. According to Gary Keller,...
To clarify my situation, I am in my first year of landlording, househacking a duplex, so I live next door to tenant. Tenant hasn't even been here a full six months and has broken the lease I feel several ways, but Im ...
Hi,
My name is Kumar from Northern California, employed full time. Have spent several months trying to educate myself by reading most of the articles on this website.
I am a regular visitor to this website, this foru...