Hi,
Anyone have experience with buying a commercial property that leases to a US Postal Service and would like to share tips or experiences? They pay on time and keep their leases for a long time. Though, rent can...
My wife and I just purchased our first fourplex and currently have 1 unit vacant. My maintenance guy is interested in renting the vacant unit out for a discount in exchange for maintenance services. Have any of you do...
I'm currently selling my primary residence (that I bought in 2011). So I'll be making a nice chunk of change & need to invest a portion of it into rentals. Would you recommend buying new builds if my plan is to ha...
Tenants are responsible for property taxes, insurance on the building, and common area and maintenance costs under triple net lease. We are renting one of the units in a office building. One of the restroom water pipe...
I manage a 17+ year commercial building and environmental inspection firm in Texas. One of the biggest factors we see during inspections, is the quality of maintenance. I've always said, we should add property mainten...
Hi everyone! I am currently looking at buying a new construction home as a long term rental property. sales price $214000. first my lender told me I can do 0 down. and I am really excited about this deal. but later he...
Hello BP, About a month ago I closed my first deal! My wife and I are house hacking a 3-unit building in Chicago (Avondale). Built in 1901, all units were remodeled in the last 10 years, and inspection came back with ...
Dear BP, I have a 4-Plex that grosses $28,880 per year ($2400 x 12) and all units are fully occupied. In order to calculate my overall cap I did the following (annual basis): Gross Income = $28,800Less: Vacancy (5%) =...
Hey guys,
I was wondering what the typical maintenance cost as a proportion of rent is.
Theoretically, if we do segregation analysis to see what the rate non building equipment depreciation is, that is our maintena...
Hello all,
I have mixed use building with 100% equity and multiple years of rent history. I need to pull out cash to perform maintenance on the same property. I can't show income, but my credit is in the 650s. DSCR?...