Joseph Scorese
How will Rent Control Impact the Real Estate Investor
Rent control can have significant implications for real estate investors, both positive and negative, depending on the specifics of the rent control laws and the investor's strategy. Here’s a detailed breakdown of how...
Ilya Ratner
Accounting - Ask me anything
Hi everyone, I am a real estate accountant in NYC and has been doing it for the past 6 years. I primarily do day to day operations for residential buildings in NYC. Ask me anything
Marcello Di Gerlando
Can I work directly with an REO asset manager or do I need to use a REO listing agent?
I've been looking through the REO posts trying to improve my understanding of the REO process. I have a question that I hope someone can clarify for me. Will bank asset managers work directly with an investor to close...
Marcus House
What is the Cap X Meaning in this Formula
Hello I came across a CoC formula and was wondering if anyone in the community could answer this question. The formula is:
CoC=(NOI - Debt Service - Cap X)/(Acquisition Cost)
What is the Cap X? There is the mont...
Nick M.
Buildings: CapEx in Debt Service Coverage Ratio
Hi guys,Lenders have strict DSCR requirements. For instance coming in at a rate of 1.3 per year. I bring this up because during the initial years of building ownership, to improve long term cashflow a building owner ...
Bill Ham
100 Unit Multifamily Buy and Hold
Investment Info:
Large multi-family (5+ units) buy & hold investment in Macon.
Purchase price: $2,550,000
Cash invested: $510,000
Creekside Vista Apartments
100 unit C class apartment complex.
Lo...
Jon Blackburn
How would you handle this on P&L?
Hi Team,
I recently closed on a multi-family property where the seller allowed a new tenant to move in to a unit needing rehab right before closing. He collected a security deposit, and told the guy to keep his recei...
Carl S.
102 (106) unit Acquisition in Tulsa, OK
Investment Info:
Large multi-family (5+ units) commercial investment in Tulsa.
Contributors:
Mike Vann Trident Multifamily - BPTrident Multifamily
Atlanta Terrace is our 4th asset in the Tulsa...
Petar Radakovic
New Member: GC From DC/MD/VA Area
Just wanted to take a quick moment to introduce myself to the forum. I heard about it from a good friend who I frequently chat with about real estate investment and both of our goals for our futures.A little on my ba...
Dean Valadez
Bookkeeping and Cash Flow Questions
Bookkeeping questions:
I purchased a property with cash flow, according to my calculator, on day 1, but knew it was a value-add opportunity. Since the acquisition, I have done upgrades. Technically, I know that with ...