Larry Wilson
Finishes forTen unit apartment in a c-b area
6 October 2019 | 3 replies
Wanted to know if putting nice finishes were warranted in a c/b area.
Rick Trivedi
Deed for commercial STNL
27 January 2020 | 2 replies
A buyer does not typically craft their own purchase and sale agreement unless they are a big fund that has bought lots of properties and then likely has in house counsel for their contracts.Special warranty deed is usually seller only warrants time they owned it.
Eduardo Chavez
Eviction attorney serving Los Angeles County
9 March 2023 | 9 replies
I'd like to see what warrants a move out and meals.
Julie Groth
Is commercial the same analysis as mult-family?
21 November 2011 | 5 replies
Julie,Commercial is all about the numbers...if the numbers are strong then it warrants a lower Cap Rate.
Wesley N.
bank owned commercial property question
2 September 2014 | 6 replies
If you are interested in this property, 50% value offer is not going to warrant a response in today's market.
Christina Lee
Question from a neophyte
20 June 2018 | 9 replies
Dave, thanks for the feedback and it helps clear up my confusion due to articles here that suggest having a lawyer in your team which for my purposes is nor warranted.
Carey Branam
repairs on a property
25 April 2018 | 6 replies
Its a normal practice for us to request a warrant of debt for property damages and collect.
Mayer M.
First flip of its kind for me 3900 sf. Advice? wholesale it?
23 May 2018 | 9 replies
FWIW in my experience I've worked with a few families that warranted a 5 bedroom house.
Joel NA
Help with analyzing numbers
20 May 2008 | 9 replies
SellerTest SellerBuyer InvestorPurchase Price:$70,000 Cap Rate:6.00%Down Pmt Avail:$9,800 MTG Bal:$60,200 Mtg Rate:10.00%MTG Pmt:$500 Number ofRent perTotal RentUnitsMonthPer Type11$450.00 $450.00 21$450.00 $450.00 30$0.00 $0.00 40$0.00 $0.00 Total MnthlyTotal AnnualTotalsRentRent2$900.00 $10,800.00 Potential Gross Income (PGI)$10,800.00 Other IncomeType of Inc:$0.00 $0.00 Vacancy Rate20% of PGI($2,160.00)--------------------Effective Gross Income (EGI)$8,640.00 FIXED EXPENSES:MonthlyInsurance$50.00 $600.00 Trash pickup$0.00 Property & Other Tax$91.00 $1,092.00 Commissions/Payroll$0.00 VARIABLE EXPENSES:Lawn $5.00 $60.00 Misc Exp$90.00 $1,080.00 Supplies/Maint$25.00 $300.00 ____________Net Operating Income Before Debt Svc (NOI)$5,508.00 Debt Service at$500 Monthly Payment$6,000.00 Cash Throwoff (CTO)($492.00)Int portion of Debt Svc$60,200 X10.00%(Annual)$6,020.00 Equity part of Debt Svc(Annual)($20.00)________________________________________________Investors Value of CTO at6.00% (CTO / Investor Rate)($8,200.00)Add Mortgage Balance$60,200.00 Value of Equity at6.00% (Equity / Investor Rate)($333.33)Value at Desired Cap Rate10.00%---->>$51,666.67 Sale Price vs Analysis:$70,000 Difference:($18,333.33)Debt Svc Coverage Ratio (DSCR)1.19***** FIGURES ARE APPROXIMATE, NONE ARE GUARANTEED OR WARRANTED *****I will share my APOD
Bryan Hancock
BP Approved Vendor Discussion
27 October 2010 | 17 replies
So many such posters think that being so sly goes without notice, but it's obvious to me and warrants correction on the spot when the information is not really in the public good.