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24 April 2019 | 62 replies
I looked into a few property management companies but they want 10% of the gross rent plus other fees to renew leases and file evictions, etc.
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21 January 2020 | 6 replies
Garnishments for my employees, for example, almost always go to my registered agent.
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12 September 2017 | 2 replies
I am not sure what rule you are referring to about 50% - but the quick rule of thumb that I use when talking to a seller on the phone is to take 50% of the gross income (the gross they give me without verification) and see it as the estimated NOI and determine the CAP rate based on the asking price.
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14 September 2017 | 9 replies
I've had good luck getting deals in the suburbs of Detroit near the airport and have found excellent tenants - 100% airline employees.
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13 July 2017 | 5 replies
What about Gross Rent Multiplier?
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14 July 2017 | 3 replies
There are also many different types of commercial leases: net leases that have base rent and tenant is responsible for their share of taxes, insurance and common area maintenance; gross leases that have all costs built into rent and a base lease year rent increase calculation is set up to deal with increased landlord expenses; and blended leases that can mix these two basic types of commercial leases.
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14 July 2017 | 0 replies
One investor showed me his numbers and I was surprised to see that over the last 7 years he has spent 20% of gross rent on maintenance and CapEx.
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2 November 2015 | 17 replies
No real structural changes have been made so public employee wages, benefits and other costs can go up requiring further revenues from taxpayers.
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2 November 2015 | 5 replies
Can he/she go to the closing and sign as a company employee?
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28 August 2019 | 11 replies
I suspect that the "pay" that one gets for managing their other unit/s in a 2-4plex would just be added to their W2 employee income records.