Fixed utility charges that could place a lien on your property such as sewage - do you prefer to include them in your monthly rent price or prefer to setup a separate charge? pros? cons?
Good Afternoon, I am an Active Duty military member stationed in Tucson,AZ. I would like to utilize the FHA loan to secure my first house hack. I would like to purchase a duplex. I know I would have to live in the pro...
I just found the property on lootnet. Can somebody tell is it good a bad deal? Im new
Two buildings with 8 units per building with parking space between. Monthly gross income =about $5,550 per month. Three 2 bedroom...
Hello BiggerPockets community,I am analyzing my first small apartment complex. Here is a quick description:6 Plex located in Gainesville, Florida, C/B on bottom, behind Oaksmall, convenient to UF, malls, and shopping...
I am buying a 10 unit apartment building for $550k. Each unit rents for $650/month and taxes are $15k/year. I am getting a Mortgage Rate of 4.25% and it’s 5 year fixed, 10 year balloon, 25 year amortization - 30% cash...
I have been here for a while mostly just reading and learning. One thing I haven't read a definitive answer on is how 2-4 family's are appraised. I know 5+ are typically appraised based on the Cap rate and SFR are app...
I have a tenant that passed away.His adult kids came and cleaned up his place while he was still in the hospital.After cleanup and repairs there is a small amount left. His kids want me to return it to them and they w...
Hi guys, We recently purchased a 32-acre land in South Carolina. Before we start the development, we have some digging to do and I was wondering if anyone knows who we should approach about finding if there is natural...
Curious here. At the moment I am renting out my primary residence and relocating. In discontinuing my name on the utilities, mainly water and electric, the representative said that they would put the new tenants on th...
So I notice a lot of multifamily landlords I talk to seem to be paying for water/sewer/garbage. Is this normal? For example, a house is split into an upper and lower unit, each 2/1. The current landlord pays ~$190 a m...