Scott Johnson
12-Unit Rental Property Analysis Help
23 July 2023 | 5 replies
As a side note looking at the monthly rent roll, the vacancy for the bldg. is @ 29.65% (economic/physical) or at least it is for the rent roll you provided for that month but is currently @ 12-13% vacancy so far YTD but in 2022 it was around 35.2% vacancy (maybe slightly lower but not much if rents have gone up since then) If I run the financials you provided the cashflow is negative by @ $4,324/mo. and that's by running it in favor of the property i.e. 20% down payment at 7.5% on 20 years | 12 units rent average of $572/mo. | w/ actual vacancy Using the numbers you provided the property makes $1/mo. cashflow at a purchase price of $504KIf I run the financial you provided BUT instead using 8% vacancy on the MARKET RENTS - it would start cash flowing @ $831K and lower.Also, you are missing laundry room income and/or there is potential for a value add in this area
Katy Schlueter
Tenant Advice: A. Great, B. Good, C. Hmmm...
13 November 2022 | 13 replies
If it's a physical disability, the property is what it is, we can't afford to put in ramps, etc.)
Aileen B.
AirBnB Co host in Maui for STR
5 March 2020 | 11 replies
Trust me you do not need to be physically there. you can designate anyone as your on island contact from your realtor friend housekeeper Etc.
Nicholas Hernaez
Stick to real estate or buy stocks on sale?
16 March 2020 | 13 replies
You have a great deal of control about when and how you invest in real estate, and if it all tanks you still have a physical asset to fall on.
Andrew Robert Kearney
Living Overseas - Best way to receive rent money
22 October 2021 | 9 replies
This is what I used when living in New Zealand and they have competitive exchange rates.I'd try to steer away from having a friend collect rent, especially physical checks.
Hai Loc
Registered Agent
1 October 2015 | 4 replies
A registered agent is someone who physically resides in the state where the LLC is sited who is able to be served papers in the event the LLC is sued.
Yue Lehman
Auctions = Opportunities?
26 April 2023 | 10 replies
They are given all their notices and if they aren't out on move-out day, they are physically removed.
Eric Striegel
What to do next after getting an interested seller
23 July 2022 | 18 replies
While I was at work as a home health physical therapist, I was driving up to my patient's house and noticed that the neighborhood looked old but well taken care of.
Greg Stetz
Funniest Most Bizarre Encounter?
30 July 2023 | 18 replies
I don't remember what it physically felt like, but I can can remember my mom running around with my infant brother and then getting all 3 of us under the dining table.
Chad Keilen
Seller asking to much for house that smells like dog crap!
31 July 2023 | 12 replies
He cleaned out the physical matter, but the entire house stinks!