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Hello,I'm on a board and am looking to help improve some of the balance sheet. The association doesn't hold reserves, deferred maintenance, and escrow in interest bearing accounts. Are we allowed to hold these monies ...
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Does anyone know the rental base in West Alexandria 22304 area code? i.e. working class, etc. Looking to purchase there but not sure about the types of tenants in the area. Any input would be appreciated. Thank you
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HelloAfter looking at one of Brandon Turner's videos, I learned that you should check the tax assessor's website when buying a home. I'm assuming the total value listed should be somewhere in close proximity of the as...
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I had a seller contact me about a house he owes taxes on and lives out of state... He doesn't want the property and said he would deed over the prop to me for 3k ARV is about 56-62k quick and dirty... Needs about 10k ...
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When underwriting multifamily deals, I frequently hear people say "cap rate is xx when adjusted for property tax". Can someone expand on how this works and why it should be adjusted this way? In projections, we usuall...
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Hey folks.
Does anybody know of a good real estate attorney in Des Moines? Specifically landlord/tenant law. I am looking to start working on a renters agreement and would like to get connected with an attorney i...
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I have heard on BP podcasts about successful investors using impressive offer books to submit an offer to buy a property. Can someone offer suggestions on what an offer book would contain and the elements of what it s...
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I recently closed on a property in Long Island. It was a foreclosure purchased with hard money. The day after the closing, I re-evaluated the HUD and found, to close on the property, I paid more than what was on the...
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All - wondering how owners are booking passthrough expenses on their books. My particular case, waste management on one of my properties will not bill directly to the tenant - only to the owner. Therefore, I have to p...
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I was working diligently on finding multi family value add deals in Long Beach, CA prior to the state wide rent control. As California becomes an even less landlord friendly state, I decided to shift efforts towards s...