Commercial property management company charges 5% of monthly gross income as its fee, which includes CAM income. The tenant's lease is NNN and property management fees are considered a CAM charge. If the tenant is pay...
What are people using to collect rent electronically these days?
What are some thoughts on saving cash flow vs paying off mortgage faster? Spoke with an older investor today who likes paying off mortgage faster. But could be bc he's been in the game so long he has excess cash flow ...
Hi everyone. I'm pretty familiar with how tax liens and tax foreclosure works here in my state of New jersey. But one question I have that kind of baffles me is, what happens when a lender jumps in and pays off the de...
Hello, I am a real estate rookie. I am hoping to seller finance a 9-plex from a family member, but I am trying to figure out the logistics. I want to keep it very professional, and set myself up for success as a busin...
Hi all-hoping for some help on this one. We have a SFH rented to a young recently married couple for the past 7mo. They have always paid on time. The wife has a great credit score (700+) and always makes on time pa...
Hey BP! Quick question I'm hoping you can help me understand. When looking at properties for sale, I often see something like "Rental income = $1,200". Is this number usually talking about after expenses and mortgage ...
Hi Everyone, I need help, I don't know where to begin with my questions so I'll start with my top pressing scenarios I need to help resolve. Thanks in advance and feedback is much appreciated! Scenario 1: Roommate no...
I am currently interested in doing a couple of things. One is acquiring cash flowing rental properties, another is raising capital to have funds for future deals and have a safety net.
Lets say I purchase a rental t...
Hi all, need some advice from you seasoned investors and anybody with legal knowledge/background.
I have a good opportunity for a 2-family home. The owner however reported that since he raised the rent on bo...