Keeping it short, being Im posting this on my phone.
Got a house that has 5 college guys living in it with 5 separate leases, one per room. They each paid a $300 deposit. Two are moving out and 3 are renewing th...
Hi! I'm John from Norway. There is a few years since I last posted anything at biggerpockets. I was wondering if anyone could tell me the difference between an apartment and a condominium? Are there any difference, or...
Hello all, my husband and I have recently joined Property Management Inc and have started a property management business in central/north Jersey. We are focusing on HOA/Community Association Management and would love ...
Hello,I’m trying to determine a price for a multifamily apartment building I’m selling. The way I’m doing this is taking the net income and determining a possible sales price using the cap rate.Normally to determine ...
A legal / tree-related question:
What is the correct/common practice (in California) with regards to maintaining and cleaning up debris from trees?
Context: I am the property manager of a mobile home community. Ther...
What do people recommend for the best property management software platform for Canadian properties?
Good day all. My partner and I came across a possible Multi Fam in Endicott, NY. After factoring the deal with owner financing, we estimated a 22.3% cash on cash ROI. That’s factoring 23% for vacancy rate. My question...
I bought my condo cheap. It was a foreclosure and I paid cash. There was no HOA fees. However my closing documents showed an active HOA. I was not present at the closing but gave a power of attorney to my agent/lawyer...
I'm considering buying a 2 story 4 unit building. Each is a 2 bed 1 bath. It has common water and gas but separate electric meters. There are 5 meters one for each unit and a common area one. Each has 4 20 amp plug fu...
Hello everyone,
Looking to purchase a 4plex in AZ (Phoenix/Tempe/Mesa area). Would love to know your thoughts/experiences/woes/violent reactions ???? as to the pros and cons of properties with HOA fees vs on...