When that happens you will need reserves for TI's and leasing commissions to fill the space again.If a property is at 80 to 85% occupancy and the market vacancy is 7% then vacancy is already accounted for.That is why I like 85 to 90% occupancy versus 100% as it is already underwritten with vacancy and some upside.

Not really sure what the attorney would be doing versus the title company. 

I know I can use multiple accounts with the program but was confused about the advice to use two management accounts for all of the different properties (one for rents/expenses and the other for security deposits) versus doing two accounts for each property/ownership entity.

If you use comps, how do you compare the value of two dissimilar properties like single family home versus a 4 unit quad?

Hi Westin,So you are a new agent that is an investor by your profile.It's hard to give insight without knowing what your goal is.On your business card it would make a difference for a call to action with an investor versus a regular home buyer etc. 

I'm in an unusual situation, I recently sold a 4 unit commercial investment property. I attempted to do a 1031 exchange and the properties fell through. I am now looking to purchase 10 to 20 unit apartment building i...

The reason is versus someone who does an occasional transaction the active brokers can see market shifts way before others do and plan their business accordingly.Having said all of this I am 40 now.

If I do not consider the mortgage interest expense the return would be around 5% on the value of the property paid.On another smaller property that I paid cash at bottom prices I am making 12% net return against the purchase price but only 7% versus the current market value.

Think of one hit wonder "song writers" versus success and popularity through out but no "wonders".

I would wager that the framing in this building is acting like a thermal bridge it touches both the inside {warm} and outside {very cold} surfaces ... i.e. the building was not wrapped in a 1"-2" layer of rigid insulation before the finish cladding was installed to provide a thermal break between the exterior skin and the framing (skeleton).]