We have a duplex that has shared utilities, so we are not able to have the tenants put the different bills in their names. In this case, do people typically list the ad with the base rent (so that it's competitive wi...
So I'm currently in negotiations for my first multi family property (5 units & up). I wrote an offer yesterday, and today the seller countered. Before I counter the seller, I am trying to more accurately nail do...
Does the 50% rule apply to everyone? The reason I ask is I have notice numerous people pay for utilities for their property when renting it out. Here in California this is not common as the renters themselves are resp...
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What are monthly holding costs and why do they occur?
Hello Everyone,I have been working mostly in residential real estate for the last 5 years in the phx area the other day I had a client call me to sell some land that they had bought many years before. Ive been having ...
Hello guys,
I want to buy my first 4-8 plex to diversify my investment portfolio. Want an income producing hard asset to hedge against the stock market as most of my investments are in the market. I'm 35 ye...
Hi guys, so I actually started viewing some properties this week. Came across this 4 plex and would be interested in hearing what you all think:Gross rental income $ 3,425 Monthly Expenses: Mortgage (25% down) $1,240P...
How do I price out a mobile home park? I know that NOI/Cap rate= property price, but I don't know what cap rate to use. Do I use a 10 cap, do I use an 8 cap, do I use a 13 cap? I appreciate the help! Thank you.
I am looking to purchase a few rentals properties on deals that came in through my direct seller marketing. I intend to buy them 10-30% below market value through my LLC. CoC return on these condos are from 12-15% wit...