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Hey guys, I'm about to enter a partnership with a group of investors to purchase a 100+ unit apartment building. We haven't yet finalized what property we want to buy (were still in the finding a deal stage), but I w...
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I am a new landlord, I have one investment property and I'm already getting sick of making a bunch of different payments on different days each month for the mortgage, utilities, and all the other monthly expenses for...
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I'm a novice to MHP. Looking at a park in PA. Based on the below limited information, what is it worth?43 lot rentals- $150K Annual (~300 per lot)20 park owned- $150K annual$70K expensesWater/Sewer Resident paidCurio...
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I am interested in how operating expenses are calculated on condos with fairly high HOA fees. For people who use the 2% criteria as in Mike Rossi's book, "1 Minute to Rental Property Riches" I know operating expenses ...
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Don’t let a rental eat your seed corn:Jimmy Napier was one of my teachers. He’s an old country boy from Chipley, Fl., and when you listen to him, his accent and story telling reminds you of a young Andy Griffith. And ...
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4-family under contract for 150k. Comps are a little under that number, but this deal came through MLS and under multiple offers. Inspection showed that there is probably $15k repairs that need made (roof, driveway, w...
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Hi Guys, in process of selling first syndicated multifamily property. While there is a ton of information about buying and managing, looking for some recommendations on the winding down process of a multifamily syndi...
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Hi all,I've got a bit of an issue and would like to see if anyone has any advice for me. I made the mistake of investing with a family member and this person now wants to pull out of the deal after 3 years. We had a...
I've read several iterations of 'How to Calculate NOI' here on Bigger Pockets and most all indicate we should not include capital improvements or additions, principal and interest, amortization loan points, income tax...
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Give me the good, bad and ugly on my first rental property please.I am buying a 8 plex in Indiana for the purpose of rental income. There are no repairs to be done. Here are the details.monthly rental income $4,325 x ...