Also, you should consider adding a profile picture to enhance the networking and interaction factor.

Ideally I would like to either get insurance or a letter from the authorized neighborhood representative so that it can be recorded.Any advice or words of wisdom?

So, even if it looks fine, factor in replacing it.- Duct Cleaning.

When I will in a unit I instantly know how much it will take to get that unit rent ready.This is key as rehab could be from 1,000 to 15,000 per unit depending on various factors.

Hi all, RE newbie here...There was a property I would like to check out - a 4 unit property in westchester - and rather than picking a broker out of a hat, was wondering if BP had any recommendations for an agent that has experience with multifamily apartments and can provide general guidance through the process (ideally they would own one as well!)

Prashant P.I was thinking about going this route however it would not be ideal for me at this time for me right now.Phillip Dwyer I seriously would do the same if anyone owned rental property around me thanks for your insight.David Beard Your idea is for someone that has a year to learn an invest in another firm.

Where on a 10-cap basis values the property at $128,000 and/or $12,800/$20,000 is a 64% return on cash invested or about 1.5 years till it returns all cash invested and playing with the "house's money".My goal is to buy and "never" sell so I am okay with buying at market value on this property given it's cashflow, although it certainly won't be a home-run by appreciation standards, by the time I'd sell (ideally) a modest 2-3% over 30+ years it should hold it's value ;).

From RealPage 10-K page 14, they say "The principal competitive factors in our industry include total cost of ownership, level of integration with property management systems, ease of implementation, product functionality and scope, performance, security, scalability and reliability of service, brand and reputation, sales and marketing capabilities and financial resources of the provider.

However, we didn't factor in closing costs, delays and commissions.If we had sold for 95, after everything was said and done we probably wouldn't have even broken even.However, once we were finished with the job, we realized it was such a beauty that we listed it for 130.

In that case I am confused as how do I deal with first month rent and security deposit?