15 November 2017 | 2 replies
Hi All,I am new to the wonderful platform.Being an overseas investor that has just formed an LLC, I would need an independent company to act as a good reliable high level service of Physical address in the US ( mainly for getting correspondence from the bank / Credit & Debit cards / other correspondence not relating to registered agent as it seems the Attorney that has formed the LLC would act as a Registered agent for that purpose not for bank correspondence ) Need any good recommendations of great such websites / services that are reliable and high level good with forwarding overseas only the mail we ask them to do / they scan every mail to email and I can choose which ones to forward.
7 November 2017 | 2 replies
I have not physically inspected property yet.
14 December 2020 | 15 replies
I though I had read on BP recently that Airbnb was moving to only allow Airbnb ing properties that a person physically owned.
15 November 2017 | 16 replies
The physical upgrades, the rent return, etc....Additionally, offer to make her a part of the renovation process.
9 November 2017 | 8 replies
Pull comps from the mls, (when pulling comps look for: time of sale, location/proximity, age and style, size, condition) 2.
23 May 2018 | 15 replies
The area has gentrified in terms of economic class and has a strong demand due to its proximity to the train line.
9 November 2017 | 2 replies
Hi All,11/07 was the first time we were at auction physically, though we had bid on few properties in the past online .
13 November 2017 | 17 replies
@Kelly Farley, is your 10% vacancy just your physical vacancy rate?
10 November 2017 | 0 replies
So even as people are buying (highest levels of consumer confidence), we just don't need as many physical retail stores or restaurants anymore.
22 November 2017 | 15 replies
I don't want to end up getting a reputation for retrading after the face, but I'm sure that I will find at least a few surprises, when I go through the documents and the physical inspections.NumbersPurchase price $875,000Units 19 2 BedroomC Building, C Neighborhood, Low crime, Rural within driving distance to metropolitan jobsGross Rents (Rent Roll) - $10,600/monthLess 5% Vacancy - $120,480/yearManagement @10% = $12,720Legal, Marketing, Administrative (My Estimate) - $1500Landscaping and Snow Plowing (Pro Forma) - $2,631Other Maintenance and Repairs (Estimate based on 10% total M&R) - $11,481Utilities (Common areas only Pro forma) - $1,069Total Operating Expenses - $52,013Expense Ratio 41% of gross scheduledNOI - $68,827Operating Cap at Purchase Price - 7.87%CapEx Reserves (Not included in NOI) - $300/unit per yearDoes anything seem out of place, based on these numbers?