Monosij Bagchi
Brokerage Fee for new tenant
Is it a common for PM's to charges a % of brokerage fee for placing tenant on top of their service fee in this region? I am reviewing some quote that says 100% of brokerage fee for the first month.
Jason Appel
What Expenses do you pay for in Philadelphia
Hi All,When i run the numbers on properties in Philly, if its a SFH, i usually don't include Water, garbage, electric etc. becuase that can be billed back to client: at least i think.Can somebody please confirm what c...
Kacey W
1031 Exchange into Partnership?
Hello,
Can a person take 1031 exchange monies and partner with another investor on a like property? If so, how would this look and be set up? Say I have $100k to 1031 and want to buy a property with a partner that al...
Tanner Carson
Private Investor Strategy & Questions
Good Evening BP!Okay so I have 1 flip under my belt (net 19k)I put all that money back into my current residence that we are deciding to make our primary residence after 35k of renovations, because we love it so much....
Kasey Ryan
Cook County Estimates
Hello all!I am still working on my first dealt here, and I wanted to ask you all for a 3 or 4 unit building:How much is average for electric and heat? (common areas/the costs I pay)How much is average for insurance?Ho...
Andrew Powers
HVAC Vents in Duplex Shared Hallway?
Is it typical to have a HVAC to a shared entry hallway in an apartment? I'm redoing the HVAC system in a top/ down duplex. The space contains a short common hallway on the first floor, and continues to the 2nd level s...
Account Closed
First deal help and analysis
I am looking at numbers for my first deal.
The property is near Oklahoma.
It is a multi family property with one building. It has 4 separate "units". Each unit has a common kitchen and common area. Each unit also ha...
Thomas W.
Is it common to own rentals outside your city?
I'm working on buying my first rental property and I'm curious–how common is it to own rental properties outside your area or even states away?I planned to buy one in my city and be my own property manager, but if the...
Zackarias Aitchison
Are JVs Common In The STR Space?
I've heard of plenty of different JV splits and set ups in other real estate spaces, but is that common in the STR space? A common thing, at least up here in Canada, is one person will put in the money, and the other ...
Kristin Boekhoff
Practical Questions for Small Multifamily
I am about to purchase my first small multifamily (5-unit) property and plan on initially managing it myself. I have some practical questions:1) How often do you clean the common areas?2) How often do you do pest cont...