Dimitri Wilson
HELP! Dealing with PM and Tenants that abuse maintenance calls
New investor (8 months in) investing remotely in Indianapolis. I currently own a SFH and Duplex both being managed by the same PM team.Apart from the expected late rents from C class tenants, the monthly maintenance c...
Julio C.
Understanding Cap Rates
I’m trying to understand cap rates in multifamily real estate, and I don’t mean getting the resulting number of dividing the NOI by the value of the asset.What expenses should be included in the NOI formula? I typical...
Brandon Michael
Storage Facility - 70 Units with an Office
Investment Info:
Other commercial investment investment in Tullahoma.
Purchase price: $663,000
Cash invested: $140,000
70 unit storage facility that needed better management and marketing. It also ha...
Avinash Dongarwar
Wildlife removal costs
My property manager sent a hefty bill of $899 mentioning its Wildlife removal cost. I hear there were raccoons. Does that cost sound accurate? Any insight appreciated. thanks in advance.
Account Closed
Help! Tenant suing 4 Million for negligence
I have a tenant who is suing myself and my property manager for claims of negligence and inhabitability. She has played a clever game of never asking us directly for repairs, bringing in code enforcement to cite me an...
Marysue Connelly
Inspection on Multifamily property
We are in the process of purchasing our first Multifamily, 4 buildings, a 24 plex, a 6 plex, 5 plex, and 8 plex. Wondering what detail of inspections is common. Cost adds up quickly. Is checking the gas line advise...
Jared JLemail
Hoarder tenant in San Francisco
Hi All, I have a property management issue so I thought this might be a good place to post. I just started helping an elderly family member that self-manages a five-unit apartment building in San Francisco. Had I know...
Mason Clark
Property Expense Estimates
Just wondering if I am missing any annual expenses for our property. Here is what I have:TaxesInsuranceSnow/lawn careUtilitiesTrash removalWindow CleaningCommon UtilitiesMaintenanceCAPEXVacancyI keep feeling like I’m ...
J Valansi
First deal, 2/2 condo in Pompano Beach, Florida
I'm about to sign an offer contract, for the first time. I just want to run the numbers through someone before signing.The numbers: Price: $105,000
Down payment: $21,000Expected rent: $1,250.00 (tenant already rentin...
Yiwei Cheng
Where to own STR that cash flows at current interest rates?
I'm curious to know what locations you are seeing cash flow if buying at current interest rates (7.5-8%)?How much is the property, and what cash flow are you seeing?Thanks!