Marc Peterman
The value of making improvements on long-term rental properties
I have several questions in trying to understand when to update my rental and the metrics to use to compare and assess. Is it worth replacing the carpet with LVP or should I just replace the carpet on my long-term ren...
Wilson Pereira De Oliveira
Convert basement into a bedroom/tv room and laundry into bathroom
Hi guys,
I have a 3/2 SF with 2 car garage and basement. My idea is turn it in a 4/3 converting the basement into a conforming bedroom with window and closet and a tv room/living room and the laundry into a bathroom ...
Account Closed
Real Returns
Hey everyone,Reading through certain forum posts and articles, the concept of Internal Rate of Return and Net Present Value was introduced to me, by a number of different people, both here on BP, and elsewhere.I've be...
Joseph Scorese
4 key steps in the Mortgage Underwriting Process
4 key steps in the Mortgage Underwriting Process This past week, I personally Underwrote and funding a Private Mortgage on behalf of an Investor for a Construction Loan. The experience was fast past and exciting. The ...
David Gwilt
Tool to Analyze Tax Impact of Purchase, Rental, and Sale
I recently became a Pro on this website, so maybe I have missed the tool I'm looking for. I would like to be able to add year to year tax analysis to my real estate deal analysis to see how negative cashflow properti...
Gabrielle Martin
Mortgage Company Didn’t Pay Taxes
Hi BP Fam!Over the weekend I received two delinquent tax bills from LA county for 2016-17 and 2017-18. Totaling of about $2K.I found this odd because my mortgage bank is setup to pay for the taxes and ,per my escrow, ...
Larry H.
How do you estimate insurance on a multifamily when evaluating
How do you estimate insurance when evaluating a multifamily property, without calling an insurance agent. I evaluate quite a few deals, but that is the one thing I haven't really figured out. I have quads, duplexes,...
Frederick Wofford jr
Determining rent for duplex
I’m looking into buying a duplex in the Long Beach Ca area. The property has two separate units with no common walls. Only a small yard for each. My question is, when analyzing local rents, should I be comparing these...
Nick Anthony
Asset Manager's day to day work
My question is in regard to asset management. What is an asset managers day to day work? What do I expect of my asset manager? What kind of things would they handle compared to my property manager? Whats the differenc...
Jessop Adams
4-plex rented below market. Is it worth it and what to offer?
I am looking for my first deal and currently looking at a local 4-plex, all 2 bed 1 bath listed for $175,000. From my realtor contacts and market research I think the market rent is between $550 and $600 for this type...