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5 March 2017 | 6 replies
I bought 22-units in Indianapolis for $350,000, did light rehab, increased rents and it is a cash flow machine.
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9 March 2017 | 6 replies
For example, I might want to look at things that I can depreciate (roof, washing machine, etc), as well as things I can deduct.
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18 May 2017 | 1 reply
Hello Fellow BPers,I enjoy reading the forums, but there are many times like international trips where I don't have access to the web, but have time to read.Is there a way I can "download" specific forum topics and read it on my E-reader without internet access?
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20 March 2017 | 5 replies
Coin operated machines are too expensive and used ones are all beat up and hard to find Thanks!
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10 March 2017 | 6 replies
Water bill for the month is $100.Unit 1: ($100 * 1/2) * (2 tenants / 5 tenants) + ($100 * 1/2) * (1000 sqft / 1500 sqft) = $63.33Unit 2: ($100 * 1/2) * (3 tenants / 5 tenants) + ($100 * 1/2) * (500 sqft / 1500 sqft) = $36.67This third method is much more complex to do, but a simple Excel spreadsheet can help alleviate the headache of doing this monthly.There are other ones you can do, like bathroom total ratios, dishwasher vs no dishwasher / washing machine vs no washing machine if the units differ.In the end, you recoup the full cost of the utility bills and bill it as rent + Utility usage (variable) (Check with local landlord laws to determine if you are able to do this).
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16 March 2017 | 22 replies
Due to a big steep hill, we couldn't get a bucket truck or machine around the back of the property.
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25 March 2017 | 5 replies
I had to sent the actual machine to be inspected by a 3rd party before my insurance company can make a decision.The true question is, how can I get them to cover this type of loss?
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8 March 2017 | 0 replies
I was wondering if anybody has any experience with these ice machine that you see on the side of the road etc, would this be a good investment?
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13 March 2017 | 7 replies
Just until you have enough gravel under your feet .. your machine built and you sort your backend financing out .Best of luck to you !
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10 March 2017 | 9 replies
Currently, there are pay-machines for laundry in the basement.I am wondering if it would be a better decision to do stackable units in the apartments?