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Hey everyone, My wife and I currently live in a beautiful 3 bed 3 bath 1800 sq feet recently renovated home in Troy, MI and are looking to move out and treat it as our first rental property. We are debating whether to...
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Hi,
Is there a rule of thumb for operating expense ratio for retail (non NNN) properties? What if the owner is only responsible for roof and structure? Is there an "average" estimated vacancy loss that you use to e...
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In today’s market and where we are in the economic cycle I think it’s even more important to follow the one percent rule especially when borrowing money. What do you think?
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I hope this post finds you all well. I have been pondering a transition from using vacation rental management (Evolve) to independently managing my vacation rentals. While Evolve has been pretty reliable in terms of h...
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I'm helping a friend that's looking into buying a vacation rental in a ski resort area. I have read a bit, but still have a bunch of questions.
1. Is there a general average for the management fees, and what does th...
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Hey BP Community!So quick background, I'm a commercial GC, in the industry for about 10+ years now, so I understand the industry from a larger scale, not much overlap into small residential, but have been looking to g...
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Hey BP Community!
I’m diving into the multifamily-apartment investment space, and one thing has become crystal clear: if you can’t underwrite a deal, you’re flying blind. Every great multifamily investor I’ve spoken ...
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Hello BPers,I'm looking for general opinions at this point. I came across a property that is pretty odd configuration and I'm trying to get a rough idea of its worth.It is a small 2bd/1ba SFH. In addition, there are...
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Hi I inherited tenants at my most recent rental. One of the tenants has a lease through June paid December and January rent then let me know she was going to be late on rent submission for February on the 1st of the m...
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I am just entering the industry and appreciate any insight anyone can share. I have heard a lot about REI BlackBook and I am considering signing up but I am unable to find information on which operating systems it is ...