Patrick Owens
Buying Rental Property - No Realtor, What's Needed?
9 January 2020 | 7 replies
Just make sure it's an accurate comp of course (same square footage, condition, number of beds and baths, etc.)
Raj Singh
Tenant interview - is this reasonable to request for S&P
14 January 2020 | 13 replies
That is usually more for regional tenants to mom and pop in retail strip centers for a level of clarity in how their business operations are running.Whether the national chain discloses parent company financials and local store level financials is based on what is in the lease.
Mathew Daugherty
Looking for Property Management in Irmo, SC
14 February 2020 | 13 replies
It's a 3 bed 2 bath SFR in Irmo, SC and I would appreciate any PM recommendations!
Jordan Edge
6 plex - All one bedroom one bath
9 January 2020 | 4 replies
There is a 6 plex for sell in my area, but they are all one bed room, one bath.
Chris Brenner
Creative financing. HOW?!
14 January 2020 | 5 replies
I would instead offer them an above retail price for the property and then ask for a 0% interest rate.
Pete Abilla
Does BRRRR work in low-appreciation markets?
18 January 2020 | 5 replies
You cannot pay retail for the house and hire out the rehab to a contractor and expect to refi out all your money.
Aman Kaur
creative ways to lease retail commerical space
10 January 2020 | 4 replies
we recently bought a commercial retail plaza and have a lot of space we are looking to lease out.
David H.
What would you do? Sell or Hold?
15 January 2020 | 38 replies
Location: Portland, MaineDuplex with 6 beds 2 baths (3 each)Purchase date: 05/01/2015Purchase price: $265,000Reno costs: $35k% Down: %10Morgage Balance: $216,988Morgage Rate: 3.65%Monthly payment (P&I,T,I): $1,556Rental income from first floor: $1,950 utilities included except for electric and internetMonthly expenses est.: $500Estimated rent for 2nd floor (owners unit): $1950 Total estimated rent: $3,900 monthly Total estimated expenses: $500 monthly I currently have a $107,000 HELOC on this property The property appraised by the bank at $383,000 for the HELOC.
Laura Hunt
Our First Rental Property!
9 February 2020 | 6 replies
@Joshua Mellor It is in Laurel, MT (right outside Billings, MT). 3 bed, 1 ba, 940 sq ft.
Account Closed
Offer Accepted!! 4 units!
10 January 2020 | 1 reply
Here is info:VT multi family 4 units all 1 bed/bath2 units with oil include heat in rent at $800 for one and $825 for other2 units with propane tenants pay heat at $650 eachTenants pay electric, cable, garbage etc.Income is $2925Expenses are:Tax - 303Ins - 200Utilities - 427Vac - 234Repair-146CapEx -292PM-292Mort-490Total - $2384Cash Flow- $541541*12=$649220%= 26600Closing = 8100Inspect = 500Total 35,200(6492/35200)*100= 18%Looks awesome!