James Suessmann
Split heat vs. landlord paying?
6 October 2018 | 4 replies
You can calculate your purchase cap rate and see how price will change based on 25% increase in revenue, but reality of it - duplexes are appraised based on comp approach not on cap rate.
Brian M Sweeney
Renting vs. Buying/Owning (which is better)
5 October 2018 | 6 replies
And in some places like Washington and Maryland you can pay an additional 2% in transfer taxes and if you sell to someone who is using FHA you give up yet another 2% as concessions.It's a good reality check for people.
Brandon G.
On Slavery and Broken Bonds, Perhaps
4 October 2018 | 0 replies
I would spent many years in pain and confusion on attempting to figure out what was wrong with me and why I could not accept the reality that to live meant to spend most of your time working toward something I felt was wasteful.
Will Jimenez
Murder Suicide House
8 October 2018 | 13 replies
If the house is good and the price is right, you'll find a buyer. actually I don't think you have too... but its worth checking but the neighors in reality will probably tell prospective buyers
Jonathan Barreneche
What Percentages do you use for your expenses?
5 October 2018 | 7 replies
I basically started with 8% vacancy10% PM5% capex10% maintenance+ T&I came out to a little over 50% expense ratio. in reality though I run closer to a 43% expense ratio, and every year will be different so you gotta keep a rolling average.Also, few markets are going to yield a consistent 3% annual rent increase, and fewer are going to yield a 3.5% annual appreciation IMO so don't rely on any of your profit to come from that.
Thomas LeBlanc
My first deal or keep looking
5 October 2018 | 1 reply
Based on my current reality any deals I do in my area are going to have to be creatively financed.
James Wise
Bed bug infestation from Hell! What to do?
8 October 2018 | 10 replies
@James Wise bed bugs are an unfortunate reality in the apartment investing community.
Steven Denio
CPA in Portland, Oregon
3 November 2020 | 5 replies
@Eliza GreenwoodHi Eliza,I have not found a personal CPA that I can recommend, I started working with a reality company and I use their accountant.
Ashley Wolfe
That sick feeling when you're just about to begin
16 October 2018 | 29 replies
It seems like your mind is going a mile a minute, don't create false realities, or "what ifs".
Mindy Jensen
Refusing to Work With A Specific Agent? Violation or Preservation
10 October 2018 | 16 replies
When I am on the buy side...there has been numerous times my client gets the property even though we are not the highest offer because A) Im bringing buyers to the table who are not scared off by the inspection both because I prep them for the realities of it or they are investors who are not doing the inspection, and B) because I work with great lenders who close, close without issue, and close on time or early.