Rent payments for multifamily tenants: the orange shows payments by the 6th of the month; grey is by the 20th; black is by the end of the month. So, it ranges from 80% on-time to almost 95% up to 30 days late. Not too...
Hey, I'd love to get some feedback on my very first analysis and expense assumptions for this fourplex. What are viable expense percentages to use when analyzing small multifamily properties?View report
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Looking forward to meeting new people! So I am a self-employed successful real estate appraiser here in the upstate of South Carolina. I have hired 4 VA's from Bangladesh who have helped catapult my appraisal busine...
Anyone in Michigan use UPS Store Box address instead of a registered agent? Was trying to figure out if this works instead of using my home address. I know you cant use the regular Post Office PO Box here in Michigan,...
Newbie question here. As I research REI I keep coming across the term "per door" but it seems to have different definitions. Let's assume we are talking about a typical 3/2 single family.In one article it is suggest...
Hey Everyone, I recently purchased a property in the Gatlinburg area for use as a STR (thanks to all those in the biggerpockets forum that made that possible, especially Luke and Avery Carl and Chuck Kramer, all fanta...
I have a good sized portfolio of a 6, 3 and 4 unit and then 8 condos. Right now I havea commercial loan on the 6, Fannie on the 3,4 units and 3 of the condos and then I recently did a commercial loan @50ltv cross col...
What type of recourse or safety net does a property owner have with a negligent property manager? Also, legally, how much responsibility does a property manager have for the actual physical condition of the property?...
I live in Texas and will be purchasing some properties in my home town in Florida. I want to create an LLC in Florida because i've read that the state where the property resides is the best place to form the LLC. The ...
I use Quickbooks Desktop Pro for accounting with my properties. I was wondering how you setup escrow type accounts for things such as putting aside money for repairs, capex, vacancy, property tax, etc. I do not truly ...