Hi! I'd appreciate direction or examples on defining how a partner might exit an operating agreement early for a long term buy and hold. I have a Cincinnati-based short term rental 3 parties are interested investing i...

It may not be the best idea to try and find a partner on the internet. However, would anyone with cash/operating experience (that would qualify for commercial financing) be interested in partnering on a deal together?...

Hi BP,I am a new REI and am fortunate enough to have a partner. We are meeting this week with a lawyer to hammer out the operating agreement. This partner will be working with me across multiple deals. What are some s...

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I'm interested in discussing short term rental (STR) opportunities in NYC; specifically Brooklyn and Queens. Do you operate a STR or have knowledge of the subject? I would love to learn more about your experiences. An...

Hey guys - I was trying to get a genral rule of thumb on operating expenses for a rental property. I know it would vary by location but I would like to hear what are the %’s for you guys. Currently out of the total gr...

Interested in turnkey rentals, but only want to deal with companies who are local to the properties they reno and manage. I'm not picky about the location, as long as I'm getting 10%+ CoC or high appreciation. Who are...

I just closed on an 8 unit apartment about 2 weeks ago. As luck would have it, the coin operated washing machine is on its last leg and is about 15 years old. I’m looking to purchase a new one. I’ve read some fairly n...

This is a newbie question, but I've been reading Steve Berges' financials book, and still haven't found my answer.

Why are 'Depreciation Expense' and 'Interest on Loan' added to cash flow from operations?

Depreciat...

Hi All,

First let me say, I love reading this forum. I have a cautionary tale that may help a lot of newbies. On this forum, I have read several times to caluclate operating expense at 45-50% of the gross rents. I ...