Vlad Denisov
Utility Income&Miscellaneous Income
Let's say we have our Gross Potential Rent and we add to it Utilities and Misc. Then we have to exclude Physical Vacancy and Economic Vacancy to get to our Gross Operating Income, right? 1. What info do you use for Ut...
Michael Tempel
Ways to Reduce Electric, Water and Gas Usage on a Property - Multifamily
I have spent a lot of time on this area in the last few years. We manage larger apartment communities that range from C to A class market rate apartment or mixed use buildings with most properties being over 50 unit...
Gino Barbaro
Who to have on your real estate team
Who to have on your Real Estate TeamJim Rohn famously said that we are the average of the five people we spend the most time with. Guess what? Your business is no different. If you want to be successful in real esta...
Peter Aziz
OOS Investor - Just Opened Escrow on my First Indy MF
Hey guys... Long time investor from CA (Los Angeles, all SFRs) that entered into contract on an Indy MF. The property is located off of E. Washington right across the street from Willard Park. The home is comprised of...
Jun Wang
My first rental property, I am excited and fluster. What to do?
I just got my offer accepted on my first rental property. I am excited that I finally made the first plunge, hopefully i will not regret it. If you guys have any suggestions for property management, please help me. ...
Ari Bildner
Renting out a SFH- New Britain
Hi All-Just got my first single family next to the CCSU campus, a cape cod style 4br1bath in New Britain, and I closed in early February. Did a little work on it, and it's in good shape to rent. Obviously trying to re...
Parul S.
Why is this not a good deal?
I'm trying to get better at gauging why certain properties have not been touched by buyers, and sit on the market for 9+ months.
I found a multi-family listed currently listed for $57,000, that has been on th...
Jonathan G.
50% rule ? True or False?
I’m reading the posts on this website discussing the 50% rule. We own few Class C Apartments Complexes, anywhere between 36 to 100 units. My management Company manages around 2,500 units. I have to say that based on o...
Rick Bassett
S8/Voucher Application Addendum - suggestions?
I'm trying to streamline our screening and application process. Typically 50% of our applicants have vouchers or some sort of public assistance and it tends get very time consuming trying to figure out exactly what be...
Braden J.
My first property
My first property and first post. Just closed on a brick 4-plex ranch, two bedrooms each, fully rented with good tenants. Paid $115,000 with a 4.5% 30 year loan. Gross Schedule Income is $24,500 with rents currently b...