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My tenant moved in on aug 5th. I charged him full month’s rent and prorated September. I mistakenly charged him $2730.34 for the 27 days in August. In my mind I calculate:($3000x12)/366= $98.36/day. ( he pointed out n...
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The Net Operating Income(NOI) is a calculation of the properties operating value minus the expenses the property generates.There are many ways that the NOI can be calculated, but one of the easiest ways is to total al...
Looking for some advice on a 3.1 acre property we own across from a Walmart. Property is free and clear and looking for ideas on how to partner with a developer to improve it. I ended up with the property in a trade d...
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Hello,
Just wanted to introduce myself, my goals, and plans for the future. My name is David. I am currently active duty in the USMC. I found my passion for real estate after reading Rich Dad Poor Dad. I mainly do au...
I want to own rental properties and I was wondering if after a certain amount if it would be beneficial to create an LLC. I also was wondering what it means to build your "team" are these people employees, on a deal t...
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I am a first time out of state investor interested in buy my first rental property in Detroit that can cash flow after fixing and gain equity. Could you recommend a reliable agent and property manager that I can work ...
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This is one of those "good news, bad news" stories. I presented my case to a family friend that happens to be an investor. My lack of knowledge apparently tugged on his pity strings. Lol. *this is the good news part* ...
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I am looking for investment properties in the columbus ohio area. the agent that I am working with is not available today and I want to put some offers on a few hud properties. The bidding period ends today so i need ...
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Hey everybody, I'm excited and a little nervous about what I'm getting into but that just lets me know I'm doing the right thing lol. I'm 32 and have a decent paying job but I feel like I'm stuck and nowhere to go wit...
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I've got an electric glass-top stove in one of my units and only 3 out of 4 burners are working. The unit is currently vacant. Should I just leave it as is, or should I take this opportunity to replace it? It was manu...