Long Khang
help on 35 units deal
Gross Rent 182464 182464 Vacancy loss 8% 9123 145971 Total Rental Income 173341 167867 Laundry 3000 3000 Total Revenue 176341 170867 ...
Jim Garrett
Do you include mgmt fee before NOI?
When analyzing my first few deals I didn't add in management fees before calculating NOI for valuing the property because I intended to self manage. That now seems a mistake because I effectively bought a job. What'...
Tony Castronovo
Laundry Contracts Do's and Don'ts
I need some help on something I have virtually no experience...laundry. We are building out a small laundry facility at our apartment complex and expect to complete a revenue share agreement with an equipment vendor....
Jusstin Williams
Selling Ownership in a Rental Property to a Family Member
Hey y'all!I bought a house a lil over a year ago that I have been renting out. The house has a garage converted into a studio in the backyard so that has been a medium term rental and the front has been an Airbnb off ...
Magesh R.
MF prop evaluation
I am looking at a potential 10-unit MF deal in Columbus, OH. Now, I have read about NOI, CAP rate etc and evaluating the purchase price based on cap-rate. But as I sat down with a spread sheet to plug the numbers in, ...
Reginald Dave
Deal Or No Deal
Hi Everyone : Newbie Here Asking a question .I found a single family home. This is what I got so far. Just wanting to know your thoughts. House needs about 5k in upgrades to be rented out. Does this look like a Deal O...
Vincent C Riccio
Experienced MF investtor take on 50% rule
Listening to the BP 50% rule (50% of Rent Roll goes to expenses, remaining 50% is your income minus mortgage) I realize the point being emphasized around cash flow and evaluating properties. I am wondering from experi...
Brian Badolato
THINGS to discuss before Partnering on a property
Hey Everyone,Me and my buddy are good friends and business partners. We are looking to both househack together we live in one side and rent out the other side, our plan is to split any equity or expenses 50/50 when it...
Zahrah Dillard
Cash flow on a 4unit
I was running numbers on a property and the cashflow comes to 500$ without including capital expenses and maintenance. I heard using line of credit for maintenance is what you should do. Would this be a good property...
Jeffrey Giffin
Window sash cord and nightmare contractors
Hello BP members. I am hoping someone can help me out here. We hired a nightmare contractor to work on some rehabbing and while they were in the house they mangled one of the window sash cords on one of the windows....