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28 July 2016 | 13 replies
2) How to do about getting public utilities?
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23 May 2016 | 9 replies
Find out Lot Rents, Utilities, and other charges, find a moving company and figure out how expensive it is.
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15 June 2016 | 14 replies
Set to be completed in the Summer of 2017.The Following Info is according to the information from the Developer:Purchase InfoInitial Market Price: $700,000Purchase Price: $649,900Initial Cash Invested: $187,475Income AnalysisNet Operating Income Annually: $52,484Cash Flow Annually: 22,847Financial MetricsCap Rate (Purchase Price): 8.1%Cash on Cash Return (year 1): 12.2%Internal Rate of Return (year 10): 19.6%Sale Price (Year 10): $896,059Rental Income is forecast to be $1,400 per unitUnits are 3bed, 2 bath and a garageUnits are 1,600 SqftI feel that the seller is optimistic on some of the numbers so in my calculations I have increased expenses (CapEx budget, management Fee at 8%, Insurance, Utilities) and I have also increased the vacancy rate from 3 to 5.2%.
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23 May 2016 | 5 replies
After the presentation I immediately upgraded my mentality and account from a "normal Joe" to PRO to enhance my experience and utilize all that BP has to offer.
20 May 2016 | 19 replies
I also question the expenses on vacancy and utilities rates.
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6 June 2016 | 6 replies
Greetings all,I recently (within the last hour) spoke with a property management company looking to obtain typical utilities rates in the Malden and Winthrop, Massachusetts area and the response I received to my request took me for a loop.
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20 May 2016 | 1 reply
Utilities are paid by tenants (gas & electric) This building is in a C/D neighborhood.
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20 May 2016 | 4 replies
I could rent it out to another tenant, but this tenant right now doesn't mind living there and paying for all the utility costs, which is fine by us.
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25 May 2016 | 9 replies
Make sure that all utilities are turned the day you close the property (provided electrical and plumbing are inspected and in good and safe order).
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23 May 2016 | 8 replies
We've been using a property management company for the duration, and I suspect that they would have a pretty good idea of some deals to be made.I'm just not sure how to utilize this equity that is available.