Justin Spillers
Utility Allocation if No Sub-Meters
Hello, I have a 7-unit apartment complex and currently the water and sewage are not sub-metered per unit, we get one bill for the whole building without a breakdown. Can I legally require each tenant to pay for a shar...
Stephen Brown
Setting aside cash for capex
Hey BP quick question,
When setting aside money for capital expenditures, how much would you vary based on age of certain expenditures? For example, a house that needs a roof in 10 years vs. 5 years and HVAC in 8 yea...
Moises R Cosme
29-31 Walnut St. Leominster, MA 01453
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $273,000
Cash invested: $120,000
Sale price: $536,000
Building one (29 Walnut St. Leominster, MA): 3 bed, 1.5 b...
Drew Slew
NJ Jersey City - rental income tax
Basic tax question if anyone can help for a 2 family in NJ, Jersey City.Tax is around 20%, and rental income is considered capital gains?Lets take example 50k rental income for 12 months,property 7k taxes per year,let...
Oscar Almonte
How to determine an ARV for Multifamily 4plex When there is none.
It is tough to give an ARV when the calculator requires it when there is none to be found.
I am using the MLS trying to find this info. I write in all the blocks around the subject property within 1 mile radius. I wo...
Robert Hesselmann
Help with vacancy and vacancy expenses calculation
I'm running numbers on some rentals. I'm assuming 1 month a year for vacancy rate, so If the rent is $800 per month I'm dividing by 12 and calling my vacancy expense $67.00 per month.I realize that there are other exp...
Ellie Johnson
Subdividing a Lot in Portland Oregon Civil Engineer Needed
We have a lot in Portland Oregon that can be divided into 2. We’d like to start the process and are looking to find out what the cost and timeline is. We’d love a referral of a civil engineer, as it is our understandi...
Ross Hayes
Key Deal Analytics Metrics
HelloFirst time poster...We purchased our first investment property a year ago, and we are working to prepare to purchase our second. I'm trying to educate myself better on the analysis to analyze deal, as well as ke...
Debbie B
what to do about a shared driveway
We are dividing a farm between siblings. The driveway is the only access to the house and the farm. Can the driveway legaly belong to both? Or does one have to own it and then grant the other a right of way? If so, ho...
Jorge Matamoros
JV Agreement for House Flip
I need support in creating a JV Agreement, or a short term agreement like a "partnership agreement for one deal". Working with an investor that is only putting forth capital for us to buy a house, and then flip it pro...