A little about me. I'm 28 years old, I'm a restaurant manager/everything else for one mine and my families restaurant, just had my first kid (4moths), married (6years), and i just bought my first home 7days ago.
My new unit has carpet throughout the entire unit excluding the kitchen (yes even the bathrooms) and of course I have to rip that stuff out. This is my first time replacing floors so my first idea was to go through th...
Hi all.I'm not in the United States currently, which makes this tricky, but I have a stellar team that I trust. My agent sent me a 10-plex that's in rough shape. The listing has a GOI showing 59k, and NOI of 42k, li...
I received a bill for $1,300 from the sewer company, basically all of my cash flow. Is it common practice for the landlord to handle this? The units are not individually metered. Could I charge a set amount per month ...
I have a 4 plex that is fully occupied and is averaging around $350 a month for sewer/water/trash. The sewer fee is about 1/3 of the overall bill. I am being told by a nearby landlord with identical buildings that the...
I'm facing a $2000 water bill for previous month because one of my tenants (in a triplex) left the water running for over a day (she also flooded the two units below). Now, part of the problem is the tenant herself, w...
Hi all! I'm curious if any of you have switched to sub-metering on units for which you previously paid water. I've got 9 units I'm presently paying for water on. Can you generally describe what your experience was swi...
I am new to running commercial deals and when looking at cap rates and NOI the numbers don't quite make sense.
Example:
Asking price - $1.175m
Cap - 6.36%
NOI - $74,000
Its a 5 unit in Denver, Colorado. I can s...
Hey all,Im in the process of building an online property management application and would like to know if there are any issues you are having with any software you are using. If there is anything that would make your ...
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*This link comes directly from our calculators, based on information input by the member who posted.hi I’m not sure I’m doing this right and don’t want to lose all my money! If anyone could give me some a...