
17 December 2018 | 28 replies
I've been obsessively digesting every real estate market headline, analysis chart, market outlook, and Case-Schiller index the internet can feed me and it seems certain that we're exiting the expansion phase of the real estate cycle.
12 December 2018 | 4 replies
And make sure to account for the following expenses (if it applies):1) Mortgage2) Mortgage insurance (PMI or MIP) or FHA Risk base3) Property Taxes4) City Taxes5) HOA (Home Owner’s Association) Dues and Fees and Assessments6) Insurance a) Property Hazard Insurance b) Flood Insurance c) Earthquake Insurance d) Umbrella Insurance7) Vacancy Rate (usually 8% - the equivalent to one month a year, or 5-6% if multifamily and/or if experienced, if not use 8%)8) Utilities (you’ll have these if your tenant is not covering them and/or during vacancy) a) Water § Sewer § Garbage b) Electricity c) Natural Gas d) Propane9) General Maintenance (usually 5%) a) Upkeep § Landscaping b) Snow removal c) Repairs d) New Appliances10) Capital Expenditures (usually 5%, higher is the property is old and obsolete, less if fully rehabbed and all mechanicals and roof are new)11) Property Management (8%, even if you self manage, your time still has value and there might be a time when you'll want to be completely hands off or you'll not be able to do it, vacation, retirement, etc.), including...

13 December 2018 | 2 replies
Good evening everyone,I want to get your thoughts on whether repainting the exterior and rehabbing my landscape will alter the appraisal of my home enough to warrant the cost of said updates.

6 January 2019 | 12 replies
Property in which landscaping is not nice, tenants has stuff all over the place, parking lot in disarray.

17 December 2018 | 2 replies
- the 'healthyness' of the current business metrics; we seem to think it is a gold mine waiting for expansion?

16 December 2018 | 4 replies
You can use the BP calculators to run these numbers, but below is my quick summary on how I would evaluate the numbers (and correct me if I incorrectly input any of your data):6,175 - Monthly Rent (1,499) - Monthly Debt which is rough guess of 75% LTV on 20yr commercial term(432) 7% Vacancy (494) 8% Property Management (235) Monthly Property Taxes(325) Monthly Insurance (925) Water(250) Landscaping/Snow - I added (550) Heat/Gas(185) Trash (100) Repairs(308) 5% Cap EX872 Monthly CFSo you're at roughly $100/door and this assumes you don't need to make any upfront renovation to the property (which I would assume you do need to do something).

17 December 2018 | 8 replies
Somewhat tangent to this subject and probably a bigger attribute to the overall landscape than the mom-n-pop owners of a 6 unit, is the concept of baby boomers driving rental demand and ultimately lower SFH housing demand:https://therealdeal.com/2018/07/20/could-baby-boom...https://www.propertymanagementinsider.com/baby-boo...From the first article I linked, baby boomers currently own $32M homes, or 40% of all homes in the US.

14 December 2018 | 0 replies
The data you collect now will be invaluable when you have a property to sell.Social MediaIn today’s marketing landscape, there’s no denying social media is at the center.

7 March 2015 | 7 replies
Needs a new roof, alot of cosmetic repairs, some landscaping.

9 March 2015 | 1 reply
I am looking on possibly doing my first flip here's the details:3 bed 1.5 bath 1200 sf ranch with semi finished basement at foreclosure asking 70k really only needs paint,carpet and landscaping.