Hi everyone, I am running some numbers on a nice 12 unit building in my area. The current owner hires a property manager and pays 5% of gross rents plus rent finder's fee and a few other variable fees. The seller keep...
A cost segregation (seg) study is a detailed analysis of the components of a building so that the separate components can be separated and classified into shorter depreciation lives. By performing this study, building...
I'm in a bit of a quandary at the moment. I purchased a property in pretty bad shape for about $1 million last year and spent about $500,000 on what ended up being a MAJOR rehab project. The city assessed the value ...
I've found a 4 plex that has piqued my interest. It's recently remodeled and vacant, but ready for renters. It has one 2/2, two 2/1s, and one 1/1. I've run analysis conservatively and it seems it will cash flow fairly...
So if you have an option to purchase a property to buy and hold with a hard money and you have two option which one would you chose? Options being as follow First lender charges 3 points and possibly 8% rateSecond len...
Is Louisiana considered Landlord or Tenant friendly? How lengthy is the eviction process and costs involved? Thinking about some out of state buy and holds and just want to know what I am getting myself in to.TIA
I have a triplex in West Sacramento. Class D+, C- ish.
2bd 1ba, 2bd 1ba, Studio
1,580 sq ft building. 10,302 sq ft Lot.
All units empty. Appliances, carpet, and all other traits are old.
I would like to find out ...
An off-market deal has been brought to my attention. The owner is not selling, but is not opposed to selling. The unit is a 12-unit apartment building in Connecticut. 11 of the 12 units are currently rented. All u...
Hey there! Question about home appraisals and what to do when your selling price doesn’t match the buyers loan appraisalI’m selling a house I rehabbed. Did the deal and rehab all in cash. Had an offer within 24 hou...
Question about the appraised value of larger multi-family properties...Is the appraised value based on the NOI of the current rent (or appraiser's estimate of rent)? If so, how would an appraiser get all data (expens...