Josh Raikin
Multifamily Millionaire: MRBA and MCEBA w/ Rental Property Tool
Just reading the Multifamily Millionaire and learned about MRBA (Multifamily Repair Budget Algorithm) and the MCEBA (Multifamily Capital Expenditure Algorithm). It uses a MBN (Moving Baseline Number) of $100 and calcu...
Eric La Pratt
Reverse Layout
I'm looking at rehabbing a legal 4-unit on the north side of Chicago in a class A neighborhood (Lincoln Square / Ravenswood) and the top floor rear egress is in a bedroom, making the bedroom not a legal bedroom but, r...
Enyi Ajoku
Female Dog not spayed/neutered
I need your opinions about this. I have never owned a pet and this also my first time trying to rent to a tenants with pet.I'm about to rent to a potential tenant who has a dog. After doing some research here and onli...
Dion DePaoli
Tenants Doing Capital Improvements
An interesting issue has come across my desk and I am curious if any other LL have bumped against a similar issue.
The general concept, tenants move in on a run of the mill standard annual rental contract. Tenants...
Martin Z.
Cost of retail construction?
I have the land already, it's a paved parking lot, what would be a ballpark figure for price per square foot, for a 10k sqft construction, about 8 different units with shell condition interior, comparable to a buil...
Ronda R.
Advice for tenant applicant that needs 24 hour care
I have a 2/1 apartment for rent and got a call from Blick Center. They have a young man aging out of the youth facility that needs a place to live with 24 hour care giver. His issues are medical, he has seizures, so w...
Marie Kyle
Tenant changed locks on roommate . Any legal issues for owner?
Hello BP family, here's the situation:I have a tenant renting a single family property and a roomate who is not on the lease. Subletting is allowed by the tenants lease, but tenant never went through property steps wi...
Justin Peters
Fannie Mae HomeStyle Renovation Loan
Does anyone in the BP Community have any input on the Fannie Mae HomeStyle Renovation Loan? After doing some brief review, it seems like an ideal loan for any buy/fix/sell investors. Any feedback would be greatly appr...
Alejandro C.
Miami Dade county convert duplex to fourplex
Good evening,
I have a SFR in Miami dade county and this is the zoning info from the county website:
Land UseMuni ZonePA ZoneGENERALRU-2 5700 - DUPLEXES - GENERAL
From the county website I was redirected to:
...
Andrea Tapp
Repair cost breakdown?
When marketing your wholesale deals to your buyers do you include your own analysis breakdown of how you came up with the repair cost? We are debating whether or not to include that since it is only our opinion of th...