Jim Bryant
New Three Unit with Odd Utility Setup, Metering?
So folks I just bought my first multi-family. It's a 3 unit, but has an odd utility setup. It has 2 furnaces and 2 water heaters and an odd set up. So Apartment A is on its own system and they pay everything themse...
Jacqueline Mann
I want to see the bank's appraisal and write them a buyer letter
I'd like to make an offer on an REO. It will be a major rehab. Comps are $175K. I estimate repairs at $42000. My formulas tell me to offer $79000-82000. The bank is asking $125K. I'm concerned that the bank will not ...
Gil Pang
SFR vs Multi Pros n Cons
Hi, im sure this topic has come up once a week on this forum and i did search it to look for some of insight before posting. Here is my dilemma....I've been looking at Multis in upstate NY. I figured have 2 or more...
Alvin Goo
Syracuse property manager
Can anyone recommend a good dependable company to manage two duplexes in Syracuse New York?
Jared Carpenter
South City, St. Louis Missouri
Hello world - I am looking at a MF on the corner of Bamberger and Dunnica in South City - St. Louis, Missouri. I was wondering if any locals, or investors familiar with the market could provide any color specific to ...
Kenneth Farr
Concerned that income funds will pay dividends but?
I'm seeing some income funds out there that look pretty good on paper, promising 8-12% annual returns with regular distributions with 3-5 year investment. I'm curious to hear from others on this. My concern is that it...
Teri-Ann Pi
Condo-hotel Purchase Financing
I'm planning on making an offer on a condo-hotel in Vegas. This will be my primary residence (at least for awhile) and might become a rental/hotel unit later. This isn't my part of my investment portfolio so I'm not e...
Victor Steffen
Accounting and Project Tracking?
Hello All,How do you keep track of expenses for each of your properties? I'm paying utilites for some units, other unit's utilities are paid by tenants. Some units I need to pay trash, others are in communities with f...
Terri Pour-Rastegar
Need an old fuel oil tank pumped and removed in SC
Hello everybody. I need a buried fuel oil tank pumped out so it can be removed ASAP. Yes, I know it can be pumped out and filled with sand and left in place, but I have an agreement with the owner to remove it--long...
Jeffrey Campbell
Splitting proceeds on personally owned property and an LLC
So I bought a piece of property for $50k (owned personally) and developed it into a restaurant (LLC invested $125k). Now I’m selling it for ($175k) and am looking for suggestions in structuring the sale between myself...