Jonathan Barreneche
What Percentages do you use for your expenses?
Hey guys and girls,So when using rental property calculators what % do use for the expenses and growth monthly?I’ve been using 5% vacancy 10% repair costs 5% CapEx 10% management feesI assume all utilities will be han...
Ramaranjan Ruj
Buying an investment property in current environment
Hello,I'm considering purchasing an investment property in Glen Allen, VA . The the property is a townhome listed at 400,000. However, the builder is offering incentives worth $20,500 ($12.5k discount on purchase pric...
Russell Caraotta
Renting to College Students - Boom or Bust???
I am reviewing an opportunity for a 5 house parcel currently used today as college student housing. $995K asking price, 31 beds, generates in excess of $111K in annual revenue. Cost of parcel not substantiated by area...
Yi Zhao
Software for property management
Hi all,Does anyone have recommendations for a property management app that makes managing tenants easier as well as features to keep investors updated?Thanks,Yi
Chris Mackey
Deal Analysis On Buy & Hold Single Family
I am currently analyzing a single family home as a potential buy and hold deal and am looking for further input.Here are the important details:Price: $160000Local Comps: $200k-$220kDown Payment: $32000Closing Costs: $...
Roque Miranda
Property management tool and application for tenants to pay
Hi ALL,Can anyone recommend a easy to use property management tool that we can use, so far, we have 4 rentals and growing, We will like to have better control of the information and have a easy system for tenants to p...
David Turner
Just closed on 32 unit apartment
Hey everyone. Just wanted to share my success. It is a 32 unit apartment located in Dallas. It was built in 1983 and features 14 one bedrooms and 18 two bedrooms. The kicker about this property is that each apa...
Natalia Benshaw
What is a fair split?
I am in talks to partner with a firm that specializes in short sale negotiations but buys alot of the deals that come in and mainly
flips them.
I have been focused on building my multi family portfolio but don’t h...
Bernice Monroe
I have a problem with property manager
Hello BP,
Im a new investor,only investing in real estate for a year so there SO much i have to learn.Property management is a BIG one!Ive had a PM managing my first house for 2 years,thought she was great but i was ...
Walter Powell
Property Management and Investment LLC
Hi All, I currently own and manage 10 units with my parents. I have been the property manager for all units and recently invested in a property management software called Buildium that seems to be super helpful so far...