Storm Chellino
Fixed utility charges - include in rent or send a seperate charge
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?
Juan Ruben Cortez
House Hacking as Active Duty Military
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...
Jay Yiu
Newbie
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...
David Braylark Jr.
Need help evaluating a 6 unit complex in Gainesville, Fl
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...
Gaurav K.
Commercial Mortgage Loan Advise
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...
Nicholas W.
How are small multifamily's appraised
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...
Roy Assaf
How to find natural gas or coquina in raw land?
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...
Christopher Davis
Utiliy expenses and tenants
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...
Bobby Narinov
Returning deposit to a dead tenant
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...
Kavin Kuykendall
Who pays water/sewer/garbage?
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...