Hi, I came across purchasing a fourplex under master lease by a residential drug rehab business. Master lease is for 2 years followed by 2 year renewal option and rent escalators. Owner of this rehab owns several reha...
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Hello all. I am located in Fargo, ND and currently have 62 units across 16 properties. I am using third party property management at 6%. The items I find myself needing consistently are cleaning, maintenance, lawn s...
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Hi All! When it comes to vacancy, what are you doing with the loss for that while your unit is on the market?
For example, I have a unit renting for $950 a month, which means daily it is around $32. If a week is vac...
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I’m in the process of getting my house ready for sale and my property manager only notified me of two discrepancies but failed to mention the 5 other big things like damaged hardwood floors. The tenants already lost ...
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Hello! I'm about to close on a 4 unit and I'm trying to furnish two of them as MTR's but I'm out of state. I wanted to ask if anyone's furnished a property remotely before - who helped you set up the furniture? I've c...
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Hey everyone,I am keeping with the preparation for equipping my first short-term rental with multimedia and furnishing, and started to wonder what is the best way to add wireless speakers in a listing without the abil...
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So I'm ready to buy my first SFH rental, but I'm struggling with a few things. I want to know what expenses I MUST account for when calculating rental income minus expenses. (Tax, Insurance, etc.) Also, how do I know ...
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I have had investors contact me recently, but they are new. Some of the jargon is unfamiliar. Their methods of determining whether it's a good value differ (i.e., ARV - I understand this method). Also, some base their...
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Here is the property I am purchasing in Santa Fe, New Mexico:https://www.biggerpockets.com/calculators/shared/5...The asking price was 340k contingent on inspection. I have already done 1. inspection, 2 sewer scoping....
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While there are many great facets to commercial real estate there are also many differences compared to residential (SFR or multifamily). Before you consider getting into the commercial side, I urge you to research...