Does anyone use rules of thumb for estimating expenses per unit for multi-family property? I have recently been told:Owner paid utilities: 4K-4.5K DoorTenant paid utilities: 3K - 3.5K DoorDo any owners have actuals...
I currently have a legal two-family under contract that was originally a single family home. I am trying to anticipate the issues this will present down the line.1. The townhouse style part has four beds and a living ...
Hi all:I was hoping to raise the rent on my income property but I have never done so previously. Tenant has been there almost 2 years. I was wondering what is the maximum I can raise the rent on a month-to-month agr...
Hi guys, I have been listening to the podcast and trying to learn so I can get started and I'm not sure when but I will definitely be getting into buy and holds at some point in time. I don't think I have heard anyone...
The idea in apartment complex or hotel searching is that you need to find something that you can immediately improve (then probably refinance).What should you be looking for exactly that lets you know you can improve ...
There is a foreclosure on a condo in my area that is in pretty good shape for ($60k). The condo fee is $230 and the taxes are $1300/yr. The comps are renting for $1325 to $1500. I'm new to this and I am SUPER nervous....
Hey BP,The mobile home park that I am looking at purchasing has a valid permit from the county health department. I had read to ask for the business permit or occupancy permit and that a mobile home park with issues w...
Hello I am new to investing in real estate in Chicago land area and am interested in mostly Section 8 housing so I was wondering what is easier to fill up, 1 bedroom, 2 bedroom, or 3 bedroom. I am looking for more sen...
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Investment Info:
Single-family residence other investment in Kamuela.
Purchase price: $130,000
Cash invested: $230,000
Sale price: $480,000
New Construction
Target buyer: First time home-owner in...