Nick Liddell
How does a bank value a commercial property? (11 Unit)
Hello everyone,I am in the process of getting ready to go to the bank and refinance a commercial property (11 unit) that we fully renovated top to bottom and leased up. I have all the numbers on the property but am wo...
Michael G.
Seeking an amazing PM in Brooklyn NY for three 3-family buildings
Hello fellow NY Landlords & Property Managers:We are seeking to potentially off-load up to three of our 3-Family Buildings in North/Central Brooklyn NY to a detail-oriented, will-stop-at-nothing-to-do-it-right P...
David Moore
Low Profit Margin on Multi-Unit Properties?
I've been an investor in SFR exclusively, but this past summer, tried to enter the multi dwelling unit market. For each multi family I looked at, whether in a nice tree lined neighborhood in the suburb, or in the cit...
Jacob L.
condominium outstanding water bill
Hi all,I own a condo as investment in a condominium in Brooklyn, My issue is that there is many homeowners not paying the maintenance fees in result of that we have a big outstanding water bill (meters are not divid...
Sheena Drake
bank offering less money than expected
Looking for opinions.........2/1 SFH in Missouri. Bought for $33,500, B/C neighborhood. We have rentals in this same area so expecting $750-800 rent. Taxes, insurance $1000 together for the year. Nicely fenced in ...
Noam Ofan
How Does Maintenance Determined in a NY Co-op
My wife and I live in a co-op we've owned for 10 years now in Brooklyn, NY.We recently discovered that our maintenance bill is almost the same as bigger apartments in our building.We live in a large studio and pay abo...
Moshe H.
Upstate Cap Rates / Help Analyzing Apt Bldg
Hi everyone! I am currently analyzing a 10-unit apartment building for sale in the Capital Region of Upstate New York (Albany County). It's in a somewhat rural area about 15 mi outside Albany. According to the owner's...
Christian Rangel
Workload on 10-20 apartments building
Hey guys,I’m looking into purchasing 10 to 20 apartment building, is there really much difference between them on work to be done ?? Or really 10 or 20 is mostly the same work. Would you guys consider a rehab or turn...
Yanto Njam
6 units building with $101K annual rent. Is it a good ROI?
Hi,I have 6 units building that was purchased for $780K in Chicago area. Bought it early this year and bumped up the rent from $82K/year based on the previous owner to $101K yearly rental income. The property tax is a...
Al Rivera
Adding an elevator in a new construction home.
Hi everyone.I am planning to build on my lot within the next 2-3 years with a new construction home with 3 levels. Part of the plan includes an elevator that travels three 3 floors (3rd floor is a spare/entertainment...