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Results (10,000+)
Noah Stang Advice/Recs for property management in Grand Rapids, MI
28 February 2018 | 4 replies
It is a single-family property but will likely be rented to college students to generate some cash flow.
Daniel Carman My 10 year journey to purchase my first 24 unit apartment complex
18 December 2018 | 20 replies
From those one looked fairly good, well managed on the upswing as a new owner had come in and started remodeling and kicking bad tenants out. 24 unit complexList 565,000Purchase Price 535,000Gross Rent:138,000Less Vacancy(10%) 13,830Operating Income 124,470Property Tax 8,837Insurance: 6,900Management(6% after vacancy): 7,468Maintenance(6%): 8,298CapEx(6%): 8,298Water: 8,400Waste: 2,700Electric: 8,400(laundry room, hot water heaters, security camera's)Cleaning(unit turnover): 1,800Landscaping: 600Operating Expenses : 60,301Net Operating : 64,169Loan Payments(100% financing): 42,369Cashflow:21,80024 units - 16 2bedroom and 8 - 1 bedroom lofts.
Jeffrey Nordin Housing Stipend: cover rent or buy house?
21 March 2018 | 5 replies
My only exit strategy would seem to be resale with appreciation bc at $420K purchase price (new build in nicer area), I'd never generate $4200 monthly rent (typically around $1800-1900 here).
Kevin Meyer Property Managers in Indianapolis
4 March 2018 | 8 replies
We’ve had to take over a lot of crazy situations since we have so many turn key operators of varying levels of ethics in our market.
Jalen Henningsen Des Moines, IA market for young/new investors
4 March 2018 | 3 replies
@Justin Marshall is correct that you either need to be a broker OR operate under a broker in order to manage someone else's property.
Matthew W. Looking for a CPA in the area
9 March 2018 | 5 replies
We are a property management company that owns and operates our own property.
Jefferson Smith One partner with money, the other with credit...fairest split?
3 March 2018 | 4 replies
If lender's experience is a rather integral part of the transaction and it's on-going operation it would make sense to have a premium over just a passive capital rate. 
John Zhao Looking for a property management and an agent in Alabama
4 March 2018 | 4 replies
Smaller operation but does a great job and communicates well.
Steve Vize Thoughts on this 'deal
2 March 2018 | 3 replies
Expenses: $2,294.76HOA/ Management: $8,267.40Total Expenses: $49,005.15Net Operating Income: $50,750.25Rent RollMONTHLYTOTAL:$7830The Issue I am asking about is that there is a 600 Unit apartment planned for a block away.
Wen Chuang Question about finish the basement
9 March 2018 | 12 replies
We asked a contractor, and the estimated cost is about 100K for such project.My question is that, if she go ahead with such remodel project, who much more rent can be generated?