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Results (10,000+)
Brian Volland Problems with Adjacent Tenants
10 April 2018 | 1 reply
We gave the landlord a copy of the local tenant landlord act showing that the roommate could be removed without issues or courts being involved but he has backed down and I don't have a strong enough relationship with him to push it. 
Steven D. Commercial Lender for small multiunit in Bay Area
12 April 2018 | 2 replies
Is it better to work with a local lender, or distant relationship is no issues here? 
Mike G. [Calc Review] Help me analyze this deal
14 April 2018 | 9 replies
@Jeffrey H. ok so here is the numbers from the OM that the broker furnished to me: ESTIMATED LENDER ACQUISITION COST:List price: $1,175,000 ( @ 28 units = $41,964 per site)Buyer requesting Down Payment of 30% = $352,500Projected Lender Financing: $792,500 @ 5% FIXED 30 year AMORT with a 10 year DUEINCOME, EXPENSES & CASH FLOW:Actual 2016 Gross: $212,752Actual 2016 Expenses: $95,915 (45%)Actual 2016 NOI: $116,837Projected Lender Debt Service: $57,494Projected Net Cash Flow: $59,343FINANCIAL INDICATORS:Cap Rate: 9.16%Projected Total Cash Return: 18.96%PROPERTY DETAILS:All age park28 Homesites# of Park Owned Homes: 28 (100%)Occupancy: 100%Utility Reimbursements: NO2016 INCOME AND EXPENSE ANALYSIS:Total Net Rent: $212,752Total Operating Income: 212,752Real Estate Taxes: 4,054Property Insurance: 5,524Utilities ( all lumped into one total, broker and/or seller did not offer it broken down individually ..yet): 30,658 Payroll & Benefits: 26,225Maintenance & Repairs: 2,058Administrative/ Office: $26,668Advertising & Promotion: 728Total Operating Expenses (45%): $95,915--------------------------------------------------------------------------------------Net Operating Income: $116,837The screen shot copy of the rent roll excel sheet i am waiting on further explanation from broker in order to determine how to interpret all the acronyms that the seller put in it so i can begin to figure out the rent roll for that month.
Mike G. Rental Calculator- Help me analyze this MHP deal
14 April 2018 | 14 replies
@Kurt Jonesok so here is the numbers from the OM that the broker furnished to me: ESTIMATED LENDER ACQUISITION COST:List price: $1,175,000 ( @ 28 units = $41,964 per site)Buyer requesting Down Payment of 30% = $352,500Projected Lender Financing: $792,500 @ 5% FIXED 30 year AMORT with a 10 year DUEINCOME, EXPENSES & CASH FLOW:Actual 2016 Gross: $212,752Actual 2016 Expenses: $95,915 (45%)Actual 2016 NOI: $116,837Projected Lender Debt Service: $57,494Projected Net Cash Flow: $59,343FINANCIAL INDICATORS:Cap Rate: 9.16%Projected Total Cash Return: 18.96%PROPERTY DETAILS:All age park28 Homesites# of Park Owned Homes: 28 (100%)Occupancy: 100%Utility Reimbursements: NO2016 INCOME AND EXPENSE ANALYSIS:Total Net Rent: $212,752Total Operating Income: 212,752Real Estate Taxes: 4,054Property Insurance: 5,524Utilities ( all lumped into one total, broker and/or seller did not offer it broken down individually ..yet): 30,658 Payroll & Benefits: 26,225Maintenance & Repairs: 2,058Administrative/ Office: $26,668Advertising & Promotion: 728Total Operating Expenses (45%): $95,915--------------------------------------------------------------------------------------Net Operating Income: $116,837The screen shot copy of the rent roll excel sheet i am waiting on further explanation from broker in order to determine how to interpret all the acronyms that the seller put in it so i can begin to figure out the rent roll for that month.
Daniel Winschel How to estimate and begin construction?
13 April 2018 | 14 replies
Daniel Winschel develop a relationship with a good contractor or project manager.
Will Westlund Help with Mixed Use Retail/Residential Opportunity
14 April 2018 | 1 reply
I'm also a Veteran, so keep that in mind for later.About the property: It is a Class C Mixed Use building in the heart of downtown La Crosse, WI, which gets excellent vehicle/foot traffic.
Ryshawn Cousar Business Account For LLC
18 April 2018 | 5 replies
I’d recommend doing your business checking with a smaller bank/credit union to build up a relationship with them.
Molly Morlino RV and Boat Storage in central Texas
26 April 2018 | 8 replies
I definitely feel that RV & Boat storage is an excellent business, one I’ve wanted to get into myself.
Bon Osonwanne Cash-out Refinance on 10 Properties with Individual Name vs LLC
1 May 2018 | 18 replies
You still need to qualify of course, but it's good to have those local relationships.
Jeffrey D'Eon Best place to post an ad to find tenants/lease replacements?
12 April 2018 | 3 replies
Facebook is an excellent idea, thank you!