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All Forum Posts by: Joe Worley

Joe Worley has started 5 posts and replied 5 times.

General Landlording & Rental Properties

Post: Mold testing who should pay tenant or rental property owner

Joe WorleyPosted
  • Investor
  • Monroe, LA
  • Posts 5
  • Votes 1

I have a tenant that claims that there is mold in the rental property. My contractor when by and said that in his opinion there was no mold. The tenant wants the property owner (me) to pay for a mold inspection. Who should pay/

0 Votes
General Landlording & Rental Properties

Post: Special Concessions for Military breaking a lease

Joe WorleyPosted
  • Investor
  • Monroe, LA
  • Posts 5
  • Votes 1

I have a tenant that broke a lease and says that Military personnel ( I believe he is in the reserves - not active duty) can break leases with no recourse if they move due to military obligations. Does anyone have any experiences in this area? 

0 Votes
Buying & Selling Real Estate

Post: cap rate

Joe WorleyPosted
  • Investor
  • Monroe, LA
  • Posts 5
  • Votes 1

I understand that the cap rate is NOI/Purchase price. My question is - what is included in the purchase price?. Should it be the purchase price plus any acquisition cost?

0 Votes
Multi-Family and Apartment Investing

Post: Cap rate calculation

Joe WorleyPosted
  • Investor
  • Monroe, LA
  • Posts 5
  • Votes 1

Net Operating Income/Purchase price or the Purchase price plus rehab or the appraisal price. Please clarify

0 Votes
General Landlording & Rental Properties

Post: Window curtains

Joe WorleyPosted
  • Investor
  • Monroe, LA
  • Posts 5
  • Votes 1

Who normally has the responsibility for window curtains expense? the renter or the property owner

1 Vote