A tenant whose lease ended and who has moved out did not pay for gas and I am not sure if they had at all registered it to their name as they moved in. The lease does say that they are responsible for paying for it. G...
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I have been presented with an opportunity to buy 20 duplexes and 1 seven unit apartment. The details are as follows.20 duplexes - $1,300,000 – average rent is $700 / unit ($28,000 per month) 85% are 2/1. There is a...
Does anyone have experience using this American Standard material to rebuild a shower enclosure? Typically we use 12x12 tile with a pan but a vendor is recommending this product from Home Depot. Doesn't seem better t...
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Hello Every one,I am new to this forum and would like some advice on how to calculate the if the sale price of the multi unit is worth the money. Recently I found a good 11 unit building with significant rent increase...
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Hi guys, just started my journey and I have put my first rental on the market. It’s a 3/2 SFH and I have one applicant that has 5 kids. In total there would be 7 people living in the home. If I were to deny this appli...
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Hi Everyone, I'm currently working with my father who is trying to close on his first real estate deal. He is not the most financially savvy and I've found myself in a make-shift financial adviser sort of position, bu...
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When we purchased our two properties, the water, sewer and garbage were billed by the local municipal government. A larger water/sewer authority took over these accounts and its been very problematic. It takes over t...
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This would be our first property. Am I doing these numbers right?
Owner will sell for 215K.
Gross rents = 2600
Expenses and NOI = 1300 (50% rule)
P&I = 1121 @ 4.75% 30 years
If financed 100%, we'd have 179 cash ...
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Hi everyone,
First time poster and new to Bigger Pockets. My wife and I just moved back to the United States after 10+ years abroad and were looking to purchase our first home in Las Vegas, NV. We wanted to buy a...
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Hey there,Simple question, I had the property management have the tenant responsible for water and sewer. They are now behind >$300.Is this a bill that can come back and attempted to be collected from me? Or is th...