Jordan P.
NPN Joint Ventures - Why 50/50?
I'm curious where the seemingly commonplace 50/50 split for NPN joint ventures came from? Is it simply supply/demand in that this price still brings enough capital to the table to do all the deals sponsors are looking...
Benjamin Cuddy
Landlord security deposit/bank account requirements
Hello all,I am a new investor with one single family property. I will soon be putting my property on the rental market and am making sure I have things in order to do so. Would someone be able to fill me on in what ...
Don Zhang
Need to rent out a house with leased solar panels, advise please
This single family house has leased solar panels. Currently paying about $130 per month for the lease. Similar properties without solar panels rent for about $2200~2400 in local market. I'm thinking about adding a cla...
Will Johnston
Tax Deductible Uses for Extra Funds from Cash Out Refi
I recently did a cash out refi on an investment property to pay off the line of credit I had used for the downpayment on said property.I have about $5k in funds left over, and I'm trying to figure out what to do with ...
Jal Singh
Need Help Analyzing a 56 Unit Deal
Greetings BP!I am working on a multifamily deal, but the numbers don't make sense to me. I would really appreciate a second (or third or fourth!!) pair of eyes. Please see the link to the T12 below. The NOI I am ca...
Eric S.
Maximum Occupancy in an Apartment
The majority of the real estate holdings I have are single family homes. We have one duplex that periodically makes us scratch our heads when trying to rent it. Case in point. This weekend my wife showed the open u...
Justin Dragon
Solutions for submetering water in a multifamily
Good morning all,I just secured my first triplex in the Hampton Roads, VA and am looking to optimize cash flow. Does anyone have any best practices to equitably charge tenants for water usage? Set up has 1 detached un...
Gil Keren
Am I estimating CapEx and repairs too high?
When evaluating deals for those 80k-100k SFRs in Indy, I allocate 10% of the rent for maintenance/repairs, and additional 180$/month for CapEx, per the computation at: https://www.biggerpockets.com/.... On the one han...
Pete Sloa
HELP!! Bought 2nd mortgage on Judicial sale in Illinois, Cook ct
So I thought I was buying the 1st mortgage here's what happened.2nd Mrg 200K in 2009 - harris bank 1st Mrg 100K in 2007 - harris bank - this is the one that is being foreclosed, but it also has a subordination file.Th...
Kraig Kujawa
Can you Help me WIth This Tax Deed Debt Collector Lien ?
Hey there,I am looking at a Tax Deed sale and there is a lien (one of many) on it from a debt collection agency. I've begun to work with the county and municipalities to work on reducing the amount ill need to pay, bu...