Hi guys! I am a newbie real estate investor still learning and would like some insight on a property I am analyzing. Some quick facts about the property:Price: 265,000No. Units: 6Price/Unit: 44,166.67Cap Rate: 9%Year ...
Hi,
Writing up a lease agreement for a duplex. Tenant would be a Hotel/Dev Company and they will house their employees. What should I include or consider in the lease agreement beyond a standard lease? What should I...
I'm trying to jump into larger multifamily and this will be my first real deal after mostly having SFHs and small multi-families. The seller has 3 buildings for sale, each with 10 units. He wants to sell all 3 at the ...
My first Airbnb stay was in San Francisco in 2012. Right then I knew this concept had legs - it's awesome for reducing your PERSONAL EXPENSES. However back then, it wasn't my first choice for a path to exceeding a lan...
Sure seems like this could have been handled better.LINKSPRINGFIELD, Mo. - The new owner of the Windermere Apartments at 1055 W. Walnut St., near Broadway Avenue, is trying to evict nearly all the tenants. A letter p...
I need assistance putting together a list of secondary revenue streams for a property management company. So far I have
PM fee (% of rent or flat fee)
Lease ups
Maintenance (upcharge)
Vendor rebate prog...
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*This link comes directly from our calculators, based on information input by the member who posted.Three house dealTwo houses are rented and occupied by decent tenants, the third house n...
The end of the month is approaching fast and my property managers are already receiving indication from a handful of tenants that they were recently let go of their jobs. I anticipate the number of effected tenants to...
We are evicting our first tenant. Our property management company is a longtime firm there, and they seem to e doing everything by the book. However, it's taking so much longer than we expected. Process started on Apr...
Hi,I have a friend who is retiring to Florida and I'm considering at some point buying a rental property there. My friend said she would be interested to managing my property. My question is, how do you figure out how...