Matt R.
As the new landlord, how do you start off with the neighbors?
26 February 2016 | 11 replies
I get possession in the middle of March, so I'll get some better business cards fired up before then.
George Abraham
Investor
21 February 2016 | 1 reply
I'd like to invite you to our New Haven Real Estate Investors meetup on March 1, 7 to 9pm.
Candace Lawrence
New Member Alert
22 February 2016 | 2 replies
I am a total newbie myself but this is where I am at just after 6 months of learning here on BP and I will be hopefully closing on my first duplex March 4th...
James Syed
Forceable Entry & Detainer
7 March 2016 | 40 replies
We have a court date on March 17 for forcible entry & detainer.
Damian Howard
Don't do this
23 February 2016 | 3 replies
Band aid approach just does not work in real estate.Tenants = Our retirement treat them right.Alex
Rion Manita
Buying two properties simultaneously
6 April 2016 | 11 replies
What you DON'T want to do is try and be sneaky, work with Lender A on Prop A and Lender B on Prop B, and then at the last minute after all contingencies have been removed, Lender B gets a ping saying you've suddenly got $400k in new undisclosed debt at the last minute.
Claire McGuire
How much to charge for short-term rentals?
28 February 2016 | 8 replies
I'm closing on a fully renovated property on March 4th, and I have someone interested in moving in on March 7th for a short-term lease.
Account Closed
Mobile home opinions
8 August 2016 | 2 replies
Purchase Price: $350,000 Total Pads: 37 Rented Pads: 33 Acres 14.32 Lot Rent/month: $200.00 Water - Well All Tenant Owned Homes Sewer - Aeration Jan Rent Roll: $7,000.00 Rent Roll/Year: $84,000.00 95% Occupancy 2015 Rent Raised $20 Income * Rents: $84,000.00 $91,700.00 Animals/Late Fee's Water Sewer Subtotal: $84,000.00 $91,700.00 $0.00 Total: $84,000.00 $91,700.00 Expense: Taxes: $6,513.00 $6,513.00 Insurance: $1,600.00 $1,600.00 Read Water Meters $2,400.00 $2,400.00 Water $3,100.00 $3,100.00 Sewer: $8,300.00 $8,300.00 Trash: $6,000.00 $6,000.00 Electric: $2,400.00 $2,400.00 R&M: $2,500.00 $2,500.00 Mowing $1,500.00 $1,500.00 Snow Removal $1,500.00 $1,500.00 Management $4,200.00 $4,200.00 Subtotal: $40,013.00 $40,013.00 Contingency: $0.00 Total: $40,013.00 $40,013.00 Net Income: 2015 2016 Gross Income: $84,000.00 $0.00 $91,700.00 Expense: $40,013.00 $0.00 $40,013.00 Net Income: $43,987.00 $0.00 $51,687.00 CAP Rate 12.567 CAP Rate 14.476 All Homes Are Tenant Owned Except For One Home Water Is Well, Owner Is Not Billing Water Back To Tenants, New Owner Could Do That Sewer Is Aeration Plant, Owner Is Not Billing Tenants, New Owner Could Individually Meter Sewer And Bill Back Tenants Roads Are Tar & Chipped New Owner Should Raise Rents Minimal $20, Or Bill Back For Water, Sewer, Or Trash Great Paying Tenants Gas Workers Take Up The 4 Vacant Spaces From March Thru October With Their 5th Wheel Campers For 100% Occupancy Seller retaining gas and mineral rights
Stephanie Garcia
Tenant on Dave Ramsey plan
26 February 2016 | 12 replies
It was information I needed as the check came from his father in law, (went straight to the back on which it was written), but my only reply was asking if it would be straightened up by the first for March rent.