Lets say we have a 6 unit property built in the late 80s with these specs:
2 bedrooms, 1.5 baths, single car garage, laundry hookups
$4500 total rent per month ($750ea, all utilities paid by tenants)-$800 taxes-$200...
hey, Im in need of a second opinion!! I'm in escrow on a house 3bed 2bath with 2car grarage which we plan on coverting to ADU, for the ultimate house hack
before aprasal and inspection we made an official offer at 63...
I’m approaching my first lease renewal. I expect to offer to keep the rental rate the same based on the market, but know when I was a renter there was always an option to go month-to-month for a higher price. While I’...
Hello BP,I was wondering can you Land contract out a Land Contract. I know its not clean, but is it legal?Ex: A buyer is purchasing a house via LC and wants to sell the house via LC, is this possible?
I’m looking to purchase a condo. The initial purpose is to live in as a primary and rent out a room to a friend. My goal would be to have it paid off in 2-3 years and keep it as a rental. I’ve been told that in this H...
Is there a logic to pricing rent relative to the cost of paying a mortgage on the property if someone were to buy it at today's rates?Ex. my current properties rent for about 112% of what someone would pay in a mortga...
Are shareholders to take a percentage of total deductions based on their share of income on their K-1's or the full amount. For example if a shareholder owns 20% of the LLC do they take 20% of the deductions on their...
Hi all, curious what price you list your rental if you are targeting section 8. say fair market rent is $2000 do you list for rent at $1800 to accommodate the utility allowance or do you list at $2000 and understand t...
Hey Everyone,What does everyone consider to be the most important criteria when evaluating potential multi-family rental properties? You have the big ones like crime, schools, population growth etc..but I'm interested...
Hello!A few questions about how the returns get disbursed in a syndicated MF deal...1. I've seen that the asset management fee is typically 1-3%....of what? The gross rents? The rents that are collected?2. Is asse...