How does one evaluate the value of a triplex using income? If for example, rental income is expected to be $3000, how does that effect the valuation of the triplex property?I know how to analyze the cash flow, the Cas...
Hi everyone,Hubby is in the process of getting a conventional loan for a single family investment property. Put 25% down and tons of reserves (over 100k). He has also owned and managed multiple properties for several ...
Hello, I was wondering if anyone here has experience with alternative fee arrangements for property managers, specifically for a small portfolio of single family home rentals. Traditionally, PM's will charge a managem...
I currently live in and own a three unit building in Chicago. With the rental income I still pay a few hundred dollars a month toward the mortgage/taxes/insurance. Looking for advice when it comes to filing my taxes. ...
What is the best way to determine if there's demand for MF in a specific market? Should I be focusing on vacancy rates, net migration, job growth..? Are there rules of thumb or ratios people look for? Is there anyway ...
I have a potentially complex question that I was hoping someone here might be able to answer. I’m an active-duty military member. Next summer my wife and I will PCS (Permanent Change of Station) to Norfolk, Virginia. ...
What is a a good "rule of thumb" profit margin to shoot for when renting? If your out of pocket expenses are $1000, would $1500 per month rent be an average or above average. $500 per month profit.
Hi BP!
My husband and I are new investors looking in the Philadelphia area. While we initially were looking for turnkey opportunities, the numbers just don’t add up and we are now looking at renovation projects. We...
I bought my first property in April and am finding it harder to land my second. With my cash down payment I'm only able to buy in the $120K and less range and I'm finding real duds that need a huge amount of rehab. (I...
Looking into buying my second rental property and have found a duplex that has two current “happy and long term tenants”. Is there something I can ask of the current owner that’ll prove that they have been paying? If...