Account Closed
Forecasting cash flow
Hi guys,Determining NOI is not problem, but how would you suggest forecasting future NOI for the the next 5-10 years when running a DCF or trying to calculate net present value?Thank you.
Adam Lawrence
Pricing Low Earning MHP
I’m looking at parks and I came across one that has some potential. However, it is only half full, a few homes need to be removed. When you subtract reported income from expenses there is only 3k profit per year. When...
Joshua Randall
House Hacking with a 203k Loan
If I were to purchase a Trip-Plex with the expectation of living in one of the units. Would I be able to use the 203k loan to rehab the property? I know it works for your basic single family home but will it work for ...
Richard Warren
Socialism: A Clear & Simple Example
THIS IS A PRETTY GOOD EXAMPLE.
An economics professor said he had never failed a single student before but had, once, failed an entire class. That class had insisted that socialism worked and that no one would be po...
Jimmy Cooper
What is the difference between salesperson and salesperson with licence?
I'm about to apply to the DRE for my real estate license. This might be a dumb question but they are asking what test am I applying to take? The two options are salesperson and salesperson with license. What is the di...
Erika Collins
Do you test for lead paint when flipping a home?
Hello everyone, I'm doing my first flip on a property built in 1973. We are under contract (in the due diligence period) and trying to decide if we need to have a lead paint test done. I've read on some threads that t...
Jason Stratman
General guide for inherited tenants?
Hi all -We have our first investment property under contract, with an estimated close date of Aug. 12th. The property has current tenants, which have expressed interest to stay. Their current lease expires Aug. 15th...
Heather Rudy
Recommendation wanted for ceiling scraping
Does anyone in the Denver area have a good recommendation for someone I can hire that would scrape my popcorn ceilings? Thanks BP community!
Amy Hu
Help-list says boiler intact but actually broken, lesson learned
Hi-We bought a property last year in Cleveland and did heavy rehab on it.The original listing says clearly that "boiling system intact" . Recently my contractor reported that the boiler is totally not working and need...
Kyle Gregory
online property manager
alright I am looking to update the way i handle my accounting.. currently i use the old spreadsheet way of keeping track and it is quite taxing so i would like to upgrade, but not at a HUGE price as i am just starting...