Albert Johnson
Shared electricity on two units
On one of my units the property has shared electric with another unit I own. One of the units has a submeter and the other doesn't.
The tenant that receives the electric bill is the tenant that does not have a subme...
Bobby Beard
2 duplex for 250k
Know a lady that has 2 duplexes for sale in a small town that are both in great shape. She is asking 250k for both with owner terms. They are 2/1's and all rented with some tenants over 5 years. All are long term. She...
Derek Cozzolino
Having trouble with the wholesale calc
So I do have a question..I have an off market property that I am looking at getting under contract. 3/2 Asking 115k all cash only. ARV:160k(Ran comps) Repairs 10k, 700 month rent with tenants on month to month lease. ...
Doug P.
10 unit deal question
10 unit apartment building in West Palm Beach, FL
Price 445k but they seem motivated and say "bring offers"
the building has 10 2x1's rented at $700/mo with a couple unrented ...
Mike Kruser
Good Deal?
The property is a 3 unit. each unit is rented for $900 a month which = ~$2700 of rent money, with tenants paying the utilities(Heat/AC etc.) The property is listed for $180,000.
Down payment: 10% (18,000)
P&I: $8...
Mitch Ottoson
Condo vs house rental in BP calculator
Hello BP! I was hoping to get some help running an analysis on a condo in the Denver area. In single family houses and small multi family homes, I generally budget Capex between 7-10% but with a condo, I don't expect ...
Terrica Carlock
Figuring Property Value
While doing some research on a home and attempting to assess it market value, I have run into a little problem. The home was built in the 50's and there are no comparables in the area. Other than looking at the home...
David Lee
How to figure out what my cash flow is?
I have 4 property's that I rent out and I have 2 that I partner out with my dad. Most of them pretty much fell into our lap. I have never figured out how to figure out what my cash flow would be. I always thought i...
Victor Olowu
Property may have discoloration??
I am looking at a property on sale at auction, so this is an 'As is, where is' sale, meaning no entry or real inspection, just a walk around the property. While re-reading the property description, I noticed the abov...
Brendan D.
Hard Money Lender upfront fees
Are there any hard money lenders out there who don't charge points up front? Seems like the points would be subtracted from the loan amount, but a few lenders in my area (DC metro)
want me to bring the points to closi...