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I’m currently under contract on a 16-unit apartment complex. The broker’s pro-forma showed NOI of $51K, however, when I dug into the income statements, actual NOI was only $36K. I called the broker, and she explained ...
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Hello!Originally a New Englander, I have been living in Kona on the Big Island of Hawai’i for four years teaching high school science. Recently, my interests in real estate investment and property rentals have grown a...
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What expenses am I obligated to pay as a landlord, I have tenants that think I'm supposed to pay for everything that breaks, and "that's the purpose of them renting." What would they have to pay for, and what are thin...
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So my lease started as of July 1st. It is a one year lease, and I just bought a house (it was something I couldn't pass on). Now, I am trying to get out of my lease. I asked to amend the lease, say to 3-4 months at a ...
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Investment Info:
Office Space commercial investment investment.
Purchase price: $372,000
Cash invested: $75,000
3000 sqft free standing building on 3 acres. 8 private offices, conference room, break ...
First post here :)
Quick question on how DTI is calculated for a salaried employee (paid every two weeks) who also receives bonuses/commissions.
I know that every lender will be different, but as I understand it one...
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I rent a commercial storage building with no utilities included. After eviction for non -payment and breaking the lease agreement. I have found that they where stealing power and water. They had buried lines and conne...
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Can anybody share articles/information about Marijuana smoking inside the home? I have a tenant that claims only nicotine smells gets adhere to the walls in a home and not Marijuana. Therefore, any supporting docume...
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Hello BP!
I have my VA Loan available and I am ready to do a Multi-Family house hack in San Diego, CA where I am stationed. Only problem is: these numbers are brutal. The best projects I can find I will barely break ...
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I'm new to RE investing--I have just analyzed my first property: I assumed this property was sold for $140,000, 20% down 4.3% interest, rented out for 1,300/mo, 9% property management, 5% cap exp., vacancy rate 7%, in...