Marvin S.
Need Advice/Insight/Expertise
22 February 2015 | 18 replies
I've heard horror stories about mold removal and how costly it can be, I would get a quote during your inspection period if your offer is accepted so there are no surprises.
Joe Conklin
What to do with these cabinets?
22 February 2015 | 15 replies
@Joe Conklin Joe it looks like you could remove all doors and drawers and replace them with some with a little trim.
Josh Justiniano
20 Unit Older Apt Building - Your Insight Is Needed
25 February 2015 | 33 replies
Gross Potential Income $132,000 - Vacancy ($10,560) 8% - Concessions, Loss to Lease, Bad Debt $0 Effective Gross Income $121,440 Other Income (Laundry) $2,500 Total Net Income $123,940 EXPENSES Real Estate Taxes $12,500 Insurance $0 Contract Services $2,190 Trash Removal $0 Electric $0 Gas $0 Water and Sewer OR All Utilities $37,500 Legal $1,000 Management Fee 8.00% $9,915 Repairs and Maintenance $7,500 General/Admin $1,100 Payroll $0 Other $500 Deposit to Replacement Reserve $3,000 Total Expenses $75,205 Net Operating Income (NOI) $48,735 Debt Service Principal $7,384 Interest $24,857 Total Debt Service $32,242 Total Distributions to Members $16,493 Member Contribution $234,163 ROE 7.044% Member Cash on Cash Return 7.04%
Jim Peret
WisconsinLegal Blank
22 February 2015 | 2 replies
What's the best way to split up snow removal and land care on a duplex?
Tyler Veres
multi family buy inheriting tenants
22 February 2015 | 2 replies
I guess my question boils down to can I purchase the building, slowly remove the tenants to renovate and then re-tenant the building at higher rents?
Adam Saxon
Flipping Properties
25 February 2015 | 5 replies
The home is a toilet and needs to be removed.
Christa Fly
Hello BP! Newbies from Nashville/ Middle Tennessee!
24 May 2016 | 5 replies
In December 2014, our Tampa investor’s bank account had a substantial amount removed by the IRS from back taxes owed on a business he had in Key West that closed back in 2004.
Anuj Sharma
Old News - But not every lender know about financing limit went up from 4 max to 10
23 February 2015 | 2 replies
You can move on with some other broker but its good to remove ignorance of that broker.Thanks and Take Care,Anuj
John T.
well water stain removal
23 February 2015 | 5 replies
I have already implemented a filter system to remove the iron, just am now trying to get the stain removed from the shower base.
Tyler Flagg
Flipping a cat infested property
26 February 2015 | 14 replies
Also, if there are cats still around then you will need to partner up with the local SPCA to have them removed humanely.