Matt Frazier
Applications and Leases
6 November 2022 | 12 replies
I use OneDrive and Dropbox, then I keep some items in specific folders in my mailboxes for each property.
Nate O.
New tenant is moving in, what can I deduct from the Sec. Deposit?
1 June 2016 | 6 replies
If you want future tenants to do this then it must be added to the lease as a separate line item.
Jordon Schav
First Multi Family Property
15 June 2016 | 10 replies
I'd revisit that assumption if you have not priced out PM in your market.Maintenance and reserves - These are highly debated items on BP, especially reserves; so, I am not going to go deep here but I would suggest that $720/unit combined for maintenance and cap ex is too low.
Jesse Anderson
Basement wall has 2" deflection
24 June 2016 | 5 replies
He or she should be helping you with those items.
Joe Fornasiero
Critique My Offer Price Model
16 December 2015 | 0 replies
. @10%: -$135Capex @10%: -$135Prop Mgt@10%: -$135Insurance: -$37Taxes: -$190--------------------------------------------------------Total for P&I: $ 410Use website http://1728.org/calcloan.htm and solve for AmountInputs:Years: 30Rate: 4.25%Payment: $410----------------------------------------Offer Amount: $83,343.52 (subtract any rehab/closing costs from this number if necessary)The one item this model doesn't take into account is the neighborhood.
CJ Z.
Potential First Deal St Louis- Any advice on the numbers?
13 January 2016 | 8 replies
If the big ticket items need replacing in the next few years, you may need to negotiate the price.
Marcel Miller
Need a Little Help and Direction
19 January 2021 | 10 replies
We have done a rough price estimate of the appliances, fixtures, AC, etc and we are looking at $6k for these items.
Eric Metz
Review This SFR
11 April 2014 | 7 replies
@Eric Metz The problem is that one of the usual metrics to do a quick screen, the 50% rule, doesn't work on low rent properties. 50% of a low rent amount won't allow you to cover the big ticket items.
Justin Pierce
I Need Connections in the Norfolk Area
17 September 2018 | 55 replies
Items on my "to learn" list:-Historic areas-Flood zones-Gentrifyin neighorhoods-Going rent rates-average ARV's for areasWhat else should I focus on researching so I can better understand this market?
Ryan Walker
Lead, Asbestos, K&T, and bears oh my!
29 September 2017 | 11 replies
Ask for a credit for some of these items.