We are buying a triplex in Mesa, AZ. It has a common room that is set to be a complex laundry room. I am seeking advice on our next step. Should we purchase a washer and dryer? How much will it make? Experience with s...
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Would really appreciate input from the community on this one. I'd like to invest in a couple condos in the Charlotte, NC market and for the most part the desired return is there until I incorporate property management...
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Hey everyone!I am in the early stages of real estate and am currently trying to learn how to analyze deals. Right now I am trying to figure out exactly where all of the expenses come from.When I watch videos on analyz...
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Hello All, happy new year! I hope 2017 is off to a good start for you! We visited with a seller today who called in response to a letter we sent. To make a long story short the seller is elderly, has been in the home ...
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First time investor. I have found a nice 100K house (3 bed 1 bath) in good shape that would rent for 1200 plus utilities, in my area. Currently, I would not be able to put the 25% down that the bank would require. Wou...
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Hey BP peeps -
I own a 3-flat in Chicago. Live in one apartment, rent out the other two. I've had a lot of work done to this 100 year old building during the 7 years that I've owned it including work to fix gas rel...
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I see the term Expense Ratio tossed around a lot on the forums. This was not a number I have been using in my analyses so I wanted to gain some clarity on exactly what is included in this number. For instance, I bel...
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Looking for thoughts on offer price, I have an idea, but want to see what others think.12 units apartment complexasking price $1,000,000Gross rents $100,000Total of all expenses $35,000NOI $65,000down payment 25%Finan...
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I have a tenant who is deducting $25 from the full rent of $2000 per month. They have done this two month now. So they owe $50 total. BackstoryI gave them credit for utility bills because the unit they were in, used ...
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The 45L tax credit is an energy efficiency tax credit available to owners, builders and developers of apartment buildings, townhouses, condominiums and single family homes. The units must be more energy efficient than...