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25 November 2015 | 3 replies
I operate in the Lehigh Valley as a landlord and am acquiring additional properties, to flip and to hold.A natural way for you to get started might be to gain control, if not ownership, of some off-campus student housing.
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12 April 2016 | 13 replies
Professionals first prepare the surface by lightly sanding it, and making minor repairs, hen applying a primer, and a few coats of an acrylic-based paint.
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26 November 2015 | 3 replies
Do I have to start applying to different brokers as we regularly do in Corporate world?
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13 December 2015 | 6 replies
The B&B rules can apply even for if you do something as simple as have prepared foods, like pastries, waiting for them.
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25 November 2015 | 4 replies
Clearly, if there is no tenant in place, there is no one other than the owner to pay the expense.The way to parse this all is is like this:Gross Scheduled Base Rentplus Scheduled Expense Reimbursements= Total Gross Scheduled Income (this is the total you would expect if no loss from vacancy)less Vacancy Allowance (typically as a percentage of total gross)= Gross Operating Incomeless Operating Expenses= Net Operating IncomeBy applying the vacancy allowance to the total of the base rent plus reimbursements, you automatically account for the impact of vacancy on those reimbursements.I have to thank you for asking this questions, because I needed a reminder to finish a two-part article on this topic.
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25 November 2015 | 4 replies
It's becoming second nature to look at property this way, it's weird.
26 November 2015 | 17 replies
If there are a lot of rentals in the area, it most likely means that the rent to cost ratio is high (that's good), but like was stated; if there are more rental than tenants, the market is too saturated, and rents will start naturally going down as landlords try to fill empty units.
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30 November 2015 | 11 replies
I don't know if you've been told but its awesome what you guys do and, that there is a forum where us little fish can come to get useful knowledge and apply it to what it is we all are trying to accomplish.Thanks again,
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14 April 2016 | 34 replies
That naturally led me to becoming a real estate broker.
2 December 2015 | 9 replies
Thank you for your feedback, @Michael ParisThere was definitely lots of moisture on the floor, but unfortunately the contractor didn't check the moisture level after applying the sealant which we realized now was a mistake.