Alberto M.
How do you analyze a multifamily deal?
When someone sends me an off-market deal, I find a property on LoopNet or on the MLS, the first metric I look for (kind of my first filter) is the cap rate. If it has a competitive cap (using MY expense ratio and the ...
John S.
How to remotely show prospective tenants cheaply?
I bought an apt rental property but will be remote when the tenants move out. How do I show prospective new tenants the apt without incurring the 6-8% fee that realtors charge for leasing out an apt?I'm leasing it for...
Cara Wells
Changing Tenant's Rental Payment Method
HELP! I've run into a rental payment issue. My tenant was previously depositing her rent ($1800/month) into my Pentagon Federal Credit Union account. When she signed a new lease starting 1 June, I wrote the requiremen...
Eddie Ziv
"The Road" Is that the direction we are heading?
I saw the new movie "The Road" couple a nights ago at a special screening. It is highly recommended for all of you "Dooms Day" believers out there. It is also reaffirm the notion that the single most important item to...
Juan Contreras
FHA for Multi Family
Hi everyone,So I'm considering purchasing a 2-family property which has an empty basement in the NYC area with FHA 3.5% loan. Both apartments are fully occupied and I was going to take the basement so I can keep the r...
Shawn Thomas
Occupancy retention on acquisition
Lets say you acquire a 100 unit multi family 100% occupancy. Minimal repairs needed, just paint, lighting, signage.. In your experiences what is the retention rate for the first year?
Kimberly Reed
RUBS for 5 unit property
I have a 5-unit mixed use property that I'd like to use RUBS (ratio utility billing) for until I can physically separate the utilities. All of the places I've contacted have told me they won't work with smaller proper...
Sam Parr
Cost Segregation in Florida
Hey Everyone,
Apologies if I'm bringing up a subject that has been answered, but I couldn't find anything particular in the forum about this.
I've got a large single family portfolio in Florida and haven't taken a...
Joe Linares
Have you ever done seller financing when buying a property?
Have you ever done seller financing when buying a property? What were the terms? how did it work out for you? Do you have any recommendations for a first timer like me?
Austin Ralls
Auction.com properties and obtaining ownership
I am looking to bid on properties auctioned off on Auction.com but am needing a bit of information before throwing myself in and getting in over my head. 1. Are these properties pre-foreclosed properties?2. How do I o...