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Results (10,000+)
Alex R. Choosing between tenant applicants
19 February 2018 | 4 replies
if so verify income/jobs.
Aaron Van Curen Should I 1099 myself if I am my own property manager?
22 February 2018 | 9 replies
I run the property managment as a DBA, Lovely Living Property Management, so that I can hide my identity but it's not incorporated at all.
Mark Williams Moving into apartment buildings? What's the avg price per door?
21 February 2018 | 7 replies
@Mark WilliamsThe valuation of commercial asset (which your 24 unit building is) is driven by the NOI of the asset, the building class, the cap rate for that asset class in the area where the building is located and thit is very different from the purchase and sale of residential properties for which the value is determined by the price other people paid for similar properties.it is important to look at the P&L statement for the building you are looking to purchase and verify that it accounts for the expenses and income to work out the true NOI.The NOI divided by the cap rate and divided by the number of units would give you the price you should expect to pay.That price per unit will vary depending on the class of asset it is.Class A commands the highest price per unit and the lowest cap rateClass D commands the lowest price per unit and the highest cap rateNot the precise answer you were expecting but hope it helps.
Nicholas Lohr What can I offer tenants in exchange for their Deposit to Hold?
20 February 2018 | 12 replies
John Sanderson , you are correct about what “notarizing a document” is for, which is why I suggested that to the OP after the very first commenter here pointed out that documents can be falsified.Someone else suggested having the prospective tenant go to the county’s tax website to verify the property owner’s identity.
Kiley N. BP Lenders: Add myself as co-borrower with my LLC?
23 February 2018 | 14 replies
Saw this recently, please verify with your accountant.
Jaron Smith My next deal? 9 units for $80000!
26 February 2018 | 12 replies
Those costs would likely be identical on a $300K loan for a higher priced quad.
Gloria Grotjan Tax clearance reqt for Memphis rental - out of state investor
22 February 2018 | 6 replies
As I was on the phone, they verified that information and my LLC status immediately became active again. 
James Denon How to approach a seller for zero downpayment
24 February 2018 | 7 replies
If you have a verifiable track record of successful deals, you've got a decent shot. 
Minh Le Too good to be true?
21 February 2018 | 17 replies
You have to ask for numbers and verify them.  
Weina Shi New EIN for Each Property in LLC
21 February 2018 | 2 replies
When you do provide it (e.g. applying for loan in your own name), make sure they are a reputable company.Unfortunately identity theft is a real thing and can really screw up your life for year and years once it happens.Oren