Geoffrey Jones
Getting Portfolio Lenders in another State
Ive come across a situation where it looks as if most portfolio lenders are only interested in doing business with me only if I live locally in the area. Most also will allow me to use their services if I have a busin...
Amos Smith
Price Reduction From Vacant Lot Loss (Advice Please)
I'm in the process of acquiring a 100 space park, the park has 60% occupancy. Purely based on the park income, the NOI @7.5 cap show a valuation of $1.0M, because of the land, POH and pads for expansion I offered $1....
Joseph Escamilla
Utilities when Marketing Rental -HELP!
Hey everyone - I currently have a triplex under renovation and one unit is ready to be rented out. The utility setup is unique. All 3 units share water , 2 out of 3 share gas, and electric is completely separate. To m...
Teresa Ramos
Emotional Support Animal (ESA) Low Allergen Building - *FAS
*FAS = FUNDAMENTALLY ALTER the nature of SERVICES providedWhy has no one been able to turn down ESA requests based on the wording of the actual FHA law? From the FHAA Federal Housing Authority:[Landlords are required ...
Chris Perrin
Splitting utilities for In law
Hey everyone, I’m looking for some advice on how to split the utilities for the in-law apartment. The apartment is not individually metered but is on its own water heater and has its own central ac unit, my side of th...
Clark S.
How to bill tenants for heat using only central hot water system
Heating bills have been rising a lot, I would like to bill tenants for heat going forward.
Has anybody billed tenants for heat when using a central boiler run on natural gas that heats all apartments ?Let's say 12 a...
Samuel Coronado
Looking at another park
I have another one I'd like to discuss. This is 5 mobile homes and one building being remodeled as a storage unit. 4 park owned homes and 1 tenant owned home. The POHs are $800 a month and the TOH is $300/month. Gross...
Nicholas Mann
Multifamily Building Super (lease/agreement)
Hello All,I am currently under contract on a 6 Unit property that has a live in "Building Super" on premise. The sellers told us that he performs various tasks and does minor repairs around the property, as well as a...
Andy Traum
How do I know if this is a good deal?
I am looking at a mobile home park in CT with the following details:- 18 spaces fully rented for $455 / month (received as an HOA - owner does not own the mobile homes but rents the spaces and includes utilities as pa...
Michael Tempel
Property Tax Question - Tax Value vs. Purchase Price
Does anyone know if the property tax rate is showing a higher rate than the amount of purchase if it should be reduced to the actual purchase price? I haven't been able to get a good answer from the county and was h...