Hey guys... Long time investor from CA (Los Angeles, all SFRs) that entered into contract on an Indy MF. The property is located off of E. Washington right across the street from Willard Park. The home is comprised of...
Asking $600k11 Spaces All Occupied8 TOH- $285 per month3 POH- $1300 (Section 8), $900, $750Single Story House- $775 monthlyGross Monthly Income- $6005Gross $72kWithout Due Diligence-Owners Expenses: Maybe $200 per mon...
I see all these estimations and property calculations for 4 units that have an annual water bill of 1500$. Meanwhile my 3 unit has a 900$ sewer and water bill this month for the past 2 months!
What am I missing?
Is there a reason that the HUD FMR for section 8 housing is so much higher than actual FMR? My boss owns properties in the Bay Area and is interested in buying an apartment complex and turning it into Sec 8. We found ...
Hello BP,
I have a deal I'm analyzing that has high expenses. One is the management and repairmen, all seem to be buddies of owner and nice but not professional. One big thing is that the tenants rent is only $50 or ...
Hi. I was wondering how anyone has gone about separating water utility for tenants and billing it back to them? I have isolated all the water lines for my units but haven't figured out if I should call the water compa...
Hey all! We bought a property in August and it's got three units (two in the front are attached are by one wall, and the back unit stands alone). The two front units are Section 8. We're sort of in a pickle with one o...
Seeing the market in reading the big brokerages reports on the main metros I invest in, everyone estimate rent growth at 0% for at least a year or two. Expenses naturally rise with inflation - insurance, property tax,...
My 4 unit is at $4800 in gas for the year with budget billing, which is on me to pay. This is one large water heater tank (75gal) in the basement, alongside a boiler that feeds the radiators throughout. In planning f...
https://www.bankrate.com/mortgages/fico-credit-sco...This is for the real estate agents. What has been the biggest deterrent for home buyers in your recent experience? Is it the need for a higher down payment because ...